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Stock impact report

Aimco Reports Third Quarter 2020 Results

Apartment Investment and Management Company (AIV) 
Last apartment investment and management company earnings: 1/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.aimco.com
Company Research Source: Business Wire
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 unsettling of public order. Aimco provided its residents safety, a refuge from the virus, good neighbors, respectful treatment for all, and a helping hand to those in need. While the experience of this year makes me cautious, it seems that the worst is behind us. We have seen steady improvement during the third quarter. We expect that trend to continue through the fourth quarter and into the new year.”“During the third quarter, Aimco sold a 39% interest in a $2.4 billion portfolio of California Show less Read more
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