Apartment Investment and Management Company Class A (AIV)

The past six months have been marked by significant strategic and financial events for AIV. Aimco reported its fourth-quarter and full-year 2025 results and provided updates regarding its Plan of Sale and Liquidation on March 2, 2026. In February 2026, the company sold three properties for $177.5 million. Stockholders approved the company's Plan of Sale and Liquidation on February 9, 2026, leading to an initial liquidating distribution of $1.45 per share. In January 2026, a $20 million deposit for the sale of seven apartment communities in the Chicago area became non-refundable. Aimco completed the sale of its Brickell Assemblage in Miami, Florida, for $520 million on December 23, 2025. On November 10, 2025, the company's board announced its decision to sell its remaining assets, leading to a 12% surge in AIV's stock price. Aimco paid a special cash dividend of $2.23 per share on October 15, 2025, after completing the sale of four suburban Boston properties.

Demand for Aimco's multifamily apartment rentals exhibits seasonality. The spring and summer months are historically the most active periods, while the fall and winter months typically see a decline in rental activity.

Apartment Investment & Management Co. (AIV), known as Aimco, is a real estate company focused on value-add and opportunistic investments in the U.S. multifamily sector. Aimco's core business involves the ownership, management, redevelopment, and limited development of apartment communities. As of December 31, 2024, its portfolio included 24 apartment communities comprising 5,243 apartment units, as well as one hotel. The company aims to enhance real estate investment outcomes through human capital, creating value for investors, teammates, and communities.

Aimco's geographic footprint is concentrated in the U.S. multifamily sector, with a historical presence across 17 states and the District of Columbia. The company has focused on major markets, including Philadelphia. More recently, Aimco has referenced a pipeline of future value-add opportunities in markets such as Southeast Florida, the Washington, D.C. metro area, and Colorado's Front Range.

In the past year, Aimco's brand reputation has been largely shaped by its strategic decision to pursue a Plan of Sale and Liquidation, which was approved by stockholders in February 2026. Apartment Investment and Management Company's corporate responsibility reports have an aggregate usefulness score of 4.8 out of 5.0 based on 95 reviews, suggesting a positive perception of its reporting in this area.

Aimco's ownership is predominantly institutional, with these entities controlling 91.65% of the company's shares as of April 28, 2025. Insider ownership stood at 8.09%. The company was founded by Terry Considine in 1975. A significant shift in ownership dynamics occurred in December 2020 with the spin-off of its stabilized apartment communities into Apartment Income REIT Corp. (AIR).