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    Alexander Kalmus

    Research Analyst at Zelman & Associates

    Alexander Kalmus is an Equity Research Senior Associate at Zelman & Associates, specializing in the housing and real estate sectors with a particular focus on residential REITs such as Apartment Income REIT Corp (AIRC) and Aimco. He is recognized for his in-depth analysis and regularly participates in earnings calls of leading industry companies, providing insightful coverage on regulatory and market trends. Kalmus joined Zelman & Associates prior to 2021 and has demonstrated strong sector expertise and thoughtful research performance, although public success metrics and professional rankings are not available. His professional credentials regarding FINRA registrations or securities licenses have not been disclosed in public records.

    Alexander Kalmus's questions to APARTMENT INVESTMENT & MANAGEMENT (AIV) leadership

    Alexander Kalmus's questions to APARTMENT INVESTMENT & MANAGEMENT (AIV) leadership • Q3 2020

    Question

    Alexander Kalmus from Zelman & Associates inquired about how Aimco demarcates its urban versus suburban properties and asked for an opinion on how the potential elimination of 1031 exchanges would affect the multifamily transaction market.

    Answer

    EVP of Property Operations Keith Kimmel clarified that the urban/suburban distinction is based on physical geography, citing specific property examples. Chairman and CEO Terry Considine addressed the 1031 exchange question, stating that increased taxes would simply reduce overall transaction activity.

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