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Stock impact report

Aimco Provides Recent Highlights and Second Quarter Financial 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 second quarter results for 2022 and provided highlights on recent activities.Wes Powell, Aimco President and Chief Executive Officer, comments: “Aimco has accomplished a great deal during 2022 and we are well positioned for continued success. The early monetization of our four development assets leased from AIR Communities ("AIR") highlights our team's ability to execute and will lead to $100 million dollars of value creation for Aimco shareholders."Our diversified portfolio of income producing properties continues to yield strong results, with net operating income up 14.9% during the first half of 2022."During the year we sold two stabilized multifamily assets above the values used in our internal Net Asset Value ("NAV") estimate and also added multi-phase development opportunities in South Florida and Washington, D.C. Through opportunities directly sourced by the Aimco team Show less Read more
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