Apartment Investment and Management

Apartment Investment & Management Co. operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment properties. The company was founded by Terry Considine in 1975 and is headquartered in Denver, CO.

Earnings data Q4 2020

Earnings data Q1 2021

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Apartment Investment & Management Co. operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment properties. The company was founded in 1975 and is headquartered in Denver, CO.

We believe that Apartment Investment and Management Co. stock has an upside potential of 60% in 1-2 years once the occupancy rates and demand in residential property rent and lease markets improves to pre-Covid levels. AIV trades at $32 currently and it has lost 38% in value year-to-date.

Apartment Investment And Management Co. Stock Has A 60% Upside

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The pandemic-driven "urban exodus" hasn't yet shown signs of slowing. Apartment REITs in the coastal "shutdown cities" have been slammed as residents flee to lower-cost suburban markets and business-friendly Sunbelt metros.

Apartment REITs: Urban Exodus Until Vaccine

Apartment Investment and Management Company (AIV) CEO Terry Considine on Q3 2020 Results - Earnings Call Transcript

Aimco's (AIV) third-quarter 2020 results reflect a decline in revenues due to low occupancy, increased bad debt expenses and waived late fees.

Aimco (AIV) Q3 FFO Beats, Revenues Decline on Low Occupancy

STAMFORD, Conn.--(BUSINESS WIRE)--Today Land & Buildings Investment Management LLC (together with its affiliates, “Land & Buildings”), a significant shareholder of Apartment Investment and Management Company (“AIV” or the “Company”) (NYSE: AIV), announced that a leading proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”), has recommended that shareholders vote FOR on the GOLD request card to consent to call a special meeting of the Company's shareholders (the “Special M

ISS Supports Land & Buildings' Call for Special Meeting of AIV Shareholders

Apartment Investment Management (AIV) delivered FFO and revenue surprises of 3.39% and -0.13%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Apartment Investment Management (AIV) Surpasses Q3 FFO Estimates

DENVER--(BUSINESS WIRE)--Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today third quarter results for 2020. Chairman and Chief Executive Officer Terry Considine comments: “The third quarter 2020 was filled with challenges and successes. The challenge of the pandemic to property operations was compounded by after-effects including economic volatility and a new era of work from home, government regulation of rent setting and rent collection, rioting and a general un

Aimco Reports Third Quarter 2020 Results

Aimco's (AIV) Q3 results are expected to reflect decent rent collections and operating cash flows. Further, redevelopment efforts are likely to have driven average revenues per apartment home growth.

Is a Beat in the Cards for Aimco (AIV) This Earnings Season?

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Several housing REITs remain very attractive. Apartment REITs in particular are attractive due to huge discounts to NAV and high market-implied cap rates. ELS reported Q3 2020 normalized FFO at $.55 per share, beating estimates and last year's value by $.02. NAREIT FFO was lower, but we would favor using the normalized value.

Housing REITs Remain Cheap

DENVER--(BUSINESS WIRE)--Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that 2020 property sales, including the previously announced California Joint Venture, generated taxable gains in excess of the company's regular quarterly dividend. On October 21, 2020, the Board of Directors (the “Board”) of Aimco declared a special dividend payable to holders of Aimco's common stock as of the close of business on November 4, 2020 (the “Record Date”) with an aggregate va

Apartment Investment and Management Company Authorizes Special Dividend and Reverse Stock Split

The strategies of these five REITs that invest in purchasing, developing, and managing apartment complexes may make them smart investments.

5 Apartment REITs to Watch

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Unique Doesn't Mean Useful

DENVER--(BUSINESS WIRE)--Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) will release Third Quarter 2020 earnings on Thursday, October 29, 2020 after the market closes. The Third Quarter 2020 earnings conference call will be conducted on Friday, October 30, 2020 at 1:00 p.m. Eastern time. Live Conference Call Domestic Dial-In Number: 1-888-317-6003 International Dial-In Number: 1-412-317-6061 Passcode: 1880227 Webcast: investors.aimco.com Conference Call Replay Domestic Dial-I

Aimco Announces Dates for Third Quarter 2020 Earnings Release and Conference Call

Washington, D.C. and Denver, CO, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Twenty students living in affordable housing will advance their education this fall with the help of an Aimco Cares Opportunity Scholarship, established by Aimco and granted through the National Leased Housing Association (NLHA) Education Fund. 

Students in Affordable Housing Receive Scholarships from Aimco and NLHA

We're still seeing great bargains throughout the apartment REIT subsector.

Loaded Up On Apartments

Sum Of Its Parts: Analysis Of Aimco's Proposed Split

Great Apartments At 30% Off

DENVER--(BUSINESS WIRE)--APARTMENT INVESTMENT AND MANAGEMENT COMPANY (NYSE:AIV) (“Aimco” or the “Company”) today commented on the Preliminary Solicitation Statement filed by Land & Buildings Investment Management, LLC (“Land & Buildings”) in connection with its effort to solicit consents in order to convene a Special Meeting of Aimco Shareholders: The Aimco Board of Directors and management team are committed to delivering value to Aimco shareholders. The Company maintains open communic

Aimco Reaffirms Significant Value Proposition of Business Separation

STAMFORD, Conn.--(BUSINESS WIRE)--Today Land & Buildings Investment Management LLC (together with its affiliates, “Land & Buildings”), a significant shareholder of Apartment Investment and Management Company (“AIV” or the “Company”) (NYSE: AIV), announced that is has filed a preliminary solicitation statement with the Securities and Exchange Commission seeking to call a special meeting of the Company’s shareholders (the “Special Meeting,” or the “Meeting”) to hold an advisory vote on AI

Land & Buildings Files Preliminary Solicitation Materials Seeking Shareholder Support to Call Special Meeting

Company: Apartment Investment and Management Co. (AIV)

A hedge fund looks to stop a big real estate owner from breaking up

DENVER--(BUSINESS WIRE)--On September 14, 2020, Apartment Investment and Management Company (NYSE:AIV) (“Aimco”) announced the closing of a California joint venture and its plan to separate its business through a spin-off, into two, separate and distinct, publicly traded companies, Apartment Income REIT (“AIR”) and Aimco. As described below, these transactions have material tax consequences to taxable shareholders. These transactions are also expected to have material benefits to AIR and to tax

Aimco Provides Additional Tax Information Related to 2020 Property Sales and Spin-Off

Many apartment REITs remain at substantial discounts to NAV. There is a clear correlation with coastal properties and larger discounts to NAV.

Don't Evict Dividend Growers

STAMFORD, Conn.--(BUSINESS WIRE)--Today Land & Buildings Investment Management LLC (together with its affiliates, “Land & Buildings”), a significant shareholder of Apartment Investment and Management Company (“AIV” or the “Company”) (NYSE: AIV), issued a public letter to the Company’s Board of Directors (the “Board”). The full text of the letter follows. September 22, 2020 Apartment Investment and Management Company 4582 South Ulster Street, Suite 1700 Denver, CO 80237 Attention: Board

Land & Buildings Sends Letter to AIV Board of Directors

Denver, CO, Sept.  21, 2020  (GLOBE NEWSWIRE) -- With the help of its longstanding business partners, Aimco grossed more than $340,000 for beneficiaries of the 17th Annual Aimco Cares Charity Golf Classic.  The tournament, held August 6 at the Sanctuary golf club in Sedalia, CO, is consistently the highest grossing tournament at the course, raising more than $5.3 million in its 17-year history. "This has been a unique year for all of us – from business impacts to personal challenges – and I’m deeply moved by the continued generosity and support of our sponsors for our nonprofit beneficiaries," said Aimco’s Miles Cortez. "Now more than ever, these funds will have an even greater impact for those who need it most." Presented in partnership with RE/MAX International, the tournament primarily benefits three nonprofits:

Aimco Cares Charity Golf Classic Raises $340,000 for Military Causes, Scholars and Local Nonprofits

Aimco Spin: JV Transaction Confirms California Apartment Value

News for Apartment Investment and Management Stock (AIV)