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Apartment Investment and Management Co (AIV.N)

AIV.N on New York Stock Exchange

39.67USD
25 May 2018
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Latest Key Developments (Source: Significant Developments)

Aimco Announces Acquisition Of Bent Tree Apartment Community
Thursday, 22 Feb 2018 07:00pm EST 

Feb 22 (Reuters) - Apartment Investment And Management Co ::AIMCO ANNOUNCES ACCRETIVE ACQUISITION OF BENT TREE APARTMENT COMMUNITY, FAIRFAX VA.‍ACQUIRED BENT TREE APARTMENT COMMUNITY IN FAIRFAX COUNTY, VA FOR $160 MILLION​.DEAL ‍RESULTING IN EXPECTED $0.01 PER SHARE INCREASE TO ADJUSTED FFO IN FIRST 12 MONTHS OF OWNERSHIP​.  Full Article

‍AIMCO Reports Says Qtrly Adjusted FFO Per Share $‍0.56​
Thursday, 1 Feb 2018 04:23pm EST 

Feb 1 (Reuters) - Apartment Investment And Management Co ::‍AIMCO REPORTS Q4 RESULTS​.AIMCO - IN 2018, AIMCO EXPECTS EARNINGS FROM SAME STORE, REDEVELOPMENT AND OTHER REAL ESTATE PORTFOLIOS TO ADD $0.10 PER SHARE TO AFFO.‍ANTICIPATE PRO FORMA FFO PER SHARE IN A RANGE OF $2.42 TO $2.52 FOR FY 2018​.SAYS QTRLY ADJUSTED FFO PER SHARE $‍0.56​.SEES ‍AFFO PER SHARE IN A RANGE OF $2.11 TO $2.21 FOR FY 2018​.QTRLY FFO PER SHARE $0.63‍​.AIMCO - IN 2018, EXPECT CONSUMER DEMAND FOR APARTMENTS TO BE "STRONG, SUPPORTED BY FAVORABLE DEMOGRAPHICS AND AN ACCELERATING ECONOMY".Q4 FFO PER SHARE VIEW $0.63 -- THOMSON REUTERS I/B/E/S.FY2018 FFO PER SHARE VIEW $2.53 -- THOMSON REUTERS I/B/E/S.  Full Article

Aimco Increases Quarterly Common Dividend 6 PCT To $0.38 Per Share
Wednesday, 31 Jan 2018 09:25pm EST 

Jan 31 (Reuters) - Apartment Investment and Management Co ::AIMCO INCREASES QUARTERLY COMMON DIVIDEND 6% TO $0.38 PER SHARE.  Full Article

Apartment Investment and Management posts Q3 adj. FFO $0.54/shr
Thursday, 26 Oct 2017 04:39pm EDT 

Oct 26 (Reuters) - Aimco :Apartment Investment and Management co qtrly ‍pro forma FFO per share $0.63​.Q3 adjusted FFO per share $0.54.Sees Q4 adjusted FFO per share $0.54 to $0.58.Apartment Investment and Management co sees ‍Q4 pro forma FFO per share $0.60 to $0.64​.Apartment Investment and Management co sees ‍FY 2017 AFFO earnings per share $2.10 to $2.14​.Apartment Investment and Management co sees FY 2017 pro forma FFO per share ‍$2.42 to $2.46​.  Full Article

Aimco files motion against Airbnb to stop brokering some short-term rental deals
Wednesday, 18 Oct 2017 12:40pm EDT 

Oct 18 (Reuters) - Apartment Investment and Management Co ::Aimco - co, units filed motion for preliminary injunction to halt Airbnb brokering short-term rental deals at 4 of co's Southern California properties​‍​.Aimco says short-term rentals at Aimco properties contracted through Airbnb have had, and continue to have, negative economic impact on co.  Full Article

Apartment Investment And Management ‍announces estimated financial impact of Hurricane Irma
Friday, 15 Sep 2017 06:00pm EDT 

Sept 16 (Reuters) - Apartment Investment And Management Co :Apartment Investment And Management Co - ‍Aimco's six Florida properties experienced minimal damage whose cost to repair is estimated at $1.5-$2.5m​.Apartment Investment And Management Co - ‍announces estimated financial impact of Hurricane Irma.​.  Full Article

AIMCO, others enter amendment, restatement of borrowers' existing senior secured revolving loan facility
Wednesday, 5 Jul 2017 04:46pm EDT 

July 5 (Reuters) - Apartment Investment And Management Co ::Apartment Investment And Management Co - on June 30, co, others entered amendment, restatement of borrowers' existing senior secured revolving loan facility.Apartment Investment And Management Co - new loan facility entered into to provide a portion of financing for purchase of 47% interest in Palazzo JV.Apartment Investment And Management-facility provides for $250 million term loan facility which was funded June 30, continues existing $600 million revolving facility.Apartment Investment And Management- borrowers have ability to increase aggregate revolving commitments and/or term loan commitments by up to $200 million.Apartment Investment And Management Co says term facility matures on June 30, 2018, but may be extended by one year, subject to conditions- SEC filing.Apartment Investment And Management Co - revolving commitments will expire on January 22, 2022.  Full Article

Aimco acquires 100 pct ownership of Palazzo Properties for $451.5 mln
Wednesday, 5 Jul 2017 04:15pm EDT 

July 5 (Reuters) - Apartment Investment And Management Co ::Aimco acquires 100% ownership of palazzo properties.Deal for $451.5 million.Apartment investment and management co - transaction is expected to result in a 150 basis points higher free cash flow internal rate of return.Apartment investment and management co says acquisition was funded by taking title subject to existing allocable debt of $140.5 million.Apartment investment and management - acquired 47% interest in Palazzo Jv owned by institutional investors advised by J.P. Morgan asset management.Apartment investment and management -deal was also funded by payment of $311 million in cash proceeds funded with bank borrowings pending sales of properties.  Full Article

Apartment Investment and Management files an amended complaint against Airbnb
Wednesday, 7 Jun 2017 05:32pm EDT 

June 7 (Reuters) - Apartment Investment and Management Co : :Apartment Investment and Management Co- filed an amended complaint against Airbnb in superior court of California.Apartment Investment and Management - ‍complaint seeking injunctive relief and restitution under that state's unfair competition law.Apartment Investment And Management- complaint broadening claims to include apartment owners whose properties rented "without Airbnb's first obtaining their permission".  Full Article

Apartment Investment And Management Q1 affo $0.51 per share
Thursday, 27 Apr 2017 04:18pm EDT 

April 27 (Reuters) - Apartment Investment And Management Co ::Apartment Investment And Management Co - full year 2017 guidance is unchanged.Apartment Investment And Management Co- q1 affo of $0.51 per share.Apartment Investment And Management Co - sees q2 funds from operations affo per share $0.46 to $0.50.Apartment Investment And Management Co - sees q2 pro forma ffo per share $0.56 to $0.60.Q1 earnings per share view $0.10, revenue view $243.4 million -- Thomson Reuters I/B/E/S.Q2 FFO per share view $0.60 -- Thomson Reuters I/B/E/S.Qtrly pro forma ffo per share $0.58.Q1 FFO per share view $0.58 -- Thomson Reuters I/B/E/S.  Full Article