The Company owns 72 apartment communities, which comprise a total of 18,076 apartment units. The Company's apartment communities are located in Georgia, North Carolina, South Carolina, Texas and Virginia. The Company is a fully integrated real estate organization with expertise in the management, acquisition and renovation of apartment communities. The Company focuses on the operations of its properties to generate consistent, sustained growth in net operating income.
Revenues reflect a decrease in rental income due to the sale of sixteen apartment communities.
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