{"url_path":"/sec/cik-0000926660/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/926660/0001628280-26-034734-index.html","accession_number":"0001628280-26-034734","cik":"0000926660","ticker":null,"issuer_name":"Apartment Income REIT, L.P.","edgar_url":"https://www.sec.gov/Archives/edgar/data/926660/0001628280-26-034734-index.html","primary_entity_key":"0000926660","primary_entity_name":"Apartment Income REIT, L.P."},"word_count":252,"has_tables":true,"body_markdown":"ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS\n\nUnregistered Sales of Equity Securities\n\nThe AIR Operating Partnership did not issue any unregistered OP units during the three months ended March 31, 2026.\n\nRepurchases of Equity Securities\n\nThe Partnership Agreement generally provides that after holding common OP Units for one year, limited partners have the right to redeem their common OP Units for cash. The following table summarizes the AIR Operating Partnership’s repurchases or redemptions of common OP Units in exchange for cash:\n\nFiscal periodTotal\nNumber of\nUnits\nRepurchasedAverage\nPrice Paid\nper Unit (1)Total Number of\nUnits Repurchased as Part\nof Publicly Announced\nPlans or ProgramsMaximum Number\nof Units that May Yet\nBe Repurchased Under\nPlans or Programs (2)\n\nJanuary 1 - January 31, 2026— $— N/AN/A\n\nFebruary 1 - February 28, 20261,143 $29.61 N/AN/A\n\nMarch 1 - March 31, 2026190 $29.06 N/AN/A\n\nTotal1,333 $29.53 \n\n(1)After consideration of the December 2025 and February 2026 distributions, the average price paid per unit equates to AIR Operating Partnership's net asset value of $31.04 during the redemption period.\n\n(2)The terms of the AIR Operating Partnership’s Partnership Agreement do not provide for a maximum number of OP Units that may be repurchased, and other than the express terms of its Partnership Agreement, we have no publicly announced plans or programs of repurchase.\n\n23\n\n[Table of Contents](#i95ac47bb6940421283faa0a22a4d4ae2_10)\n\nFor additional information regarding the calculation of NAV, please refer to Management's Discussion and Analysis of Financial Condition and Results of Operations included in Part I, [Item 2.](#i95ac47bb6940421283faa0a22a4d4ae2_85)"}