APARTMENT INVESTMENT & MANAGEMENT (AIV) Company Report

Aimco (AIV) announced the federal income tax allocation for its 2025 distributions paid to holders of its Class A Common Stock.
The annual distribution per share for 2025 was $2.83, which was characterized as 100.000000% Total Capital Gain Distribution and 0.000000% Ordinary Dividends.
The annual distribution included 33.735512% Unrecaptured Section 1250 Gain and 100.000000% Section 897 Capital Gain.
This tax characterization is based on the best available information as of January 15, 2026, as Aimco's tax return for the year ended December 31, 2025, has not yet been filed.
The 2025 distributions were made prior to the announcement of a special stockholder meeting to approve Aimco's "Plan of Sale and Liquidation".

5 days ago

Press Release

Aimco Files Proxy for Plan of Sale and Liquidation

AIV

M&A

Proxy Vote Outcomes

Aimco has filed a definitive proxy statement for a special stockholder meeting on February 6, 2026, to approve the company's "Plan of Sale and Liquidation".
The Board of Directors concluded that the orderly sale of Aimco's remaining properties is the most effective way to maximize shareholder value.
Shareholders of record at the close of business on December 31, 2025, are entitled to vote at the meeting.
Aimco expects to deliver net proceeds to shareholders through liquidating distributions, projected to total between $5.75 and $7.10 per share. The company closed a $520 million sale in December 2025 and has an additional $620 million of assets under contract for sale.

Jan 5, 2026, 1:00 PM

Press Release

Aimco Completes $520 Million Asset Sale and Enters New $155 Million Sales Agreement

AIV

M&A

Share Buyback

On December 22, 2025, Apartment Investment and Management Company (Aimco) completed the sale of the Brickell Assemblage in Miami, Florida, for a total consideration of $520 million.
The purchaser financed $85 million of the Brickell Assemblage sale with transferable seller financing notes from Aimco, resulting in initial net proceeds of approximately $220 million. Aimco plans to distribute the majority of these net proceeds to shareholders.
Additionally, on December 23, 2025, Aimco entered into an agreement to sell two properties in Plantation, Florida, and Nashville, Tennessee, totaling 660 apartment homes, for a gross price of $155 million, with closing scheduled for the first quarter of 2026.

Dec 23, 2025, 9:20 PM

8-K

Aimco Closes Brickell Assemblage Sale and Announces Additional Property Sales

AIV

M&A

Dividends

Aimco sold its Brickell Assemblage in Miami, Florida, for $520 million on December 22, 2025, with initial net proceeds of approximately $220 million.
The sale included $85 million of transferable seller financing notes, which Aimco plans to monetize.
Aimco has also entered into a definitive agreement to sell two additional properties, comprising 660 apartment homes, in Plantation, Florida, and Nashville, Tennessee, with closing scheduled for the first quarter of 2026.
In 2025, Aimco sold $1.26 billion of real estate and is currently under contract to sell an additional $620 million.
Aimco intends to distribute the majority of net proceeds to shareholders, pending approval of its "Plan of Sale and Liquidation" in early 2026.

Dec 23, 2025, 9:15 PM

Press Release

Aimco enters agreement to sell Chicago apartment portfolio

AIV

M&A

Dividends

Aimco has entered into a definitive agreement to sell its seven apartment properties in Chicago, comprising 1,495 units, for $455 million.
The sale is scheduled to close in the first quarter of 2026, with the buyer having funded a non-refundable deposit that will total $20 million by January 15, 2026.
Net proceeds from the sale are expected to be approximately $160 million, which Aimco intends to distribute to shareholders following approval of its "Plan of Sale and Liquidation" in early 2026.

Dec 15, 2025, 9:20 PM

Press Release

Apartment Investment and Management Company Announces Plan of Sale and Liquidation, Estimates Shareholder Distributions

AIV

M&A

Dividends

Delisting/Listing Issues

Apartment Investment and Management Company (Aimco) announced its Board of Directors has approved a Plan of Sale and Liquidation, which is subject to shareholder approval anticipated in early 2026.
The company estimates total per share distributions from the liquidation will be between $5.75 and $7.10. When combined with $2.85 per share in special dividends previously returned, the total estimated shareholder return is between $8.60 and $9.95 per share.
For the third quarter of 2025, Aimco reported net income attributable to common stockholders of $2.04 per share. Property Net Operating Income (NOI) from Stabilized Operating Properties was $11.6 million, representing a 3.4% decrease year-over-year.
Aimco completed the sale of its Boston portfolio for $740 million in September and October 2025, and the Brickell Assemblage is under contract for $520 million with closing targeted for December 2025. A $2.23 per share special cash dividend was paid on October 15, 2025.

Nov 10, 2025, 9:58 PM

8-K

Aimco Announces Plan of Sale and Liquidation, Reports Q3 2025 Results

AIV

M&A

Dividends

Guidance Update

Aimco announced the conclusion of its strategic review process and the Board's unanimous approval of a Plan of Sale and Liquidation, which will be sought for shareholder approval in early 2026.
The company estimates total per share liquidating distributions from remaining asset sales to be between $5.75 and $7.10. When combined with $2.85 per share in special dividends previously returned to shareholders since the 2020 spinoff, the total estimated distribution is between $8.60 and $9.95 per share.
For the third quarter ended September 30, 2025, Aimco reported net income attributable to common stockholders per share of $2.04. Property Net Operating Income (NOI) from Stabilized Operating Properties was $11.6 million, representing a 3.4% decrease year-over-year.
Aimco completed the sale of its Boston portfolio for a total of $740 million in September and October 2025 , and its Brickell Assemblage remains under contract to be sold for $520 million with closing targeted for December 2025.

Nov 10, 2025, 9:46 PM

Press Release

Aimco Completes Partial Boston Portfolio Sale and Declares Special Dividend

AIV

M&A

Dividends

Accounting Changes

On September 9, 2025, Apartment Investment and Management Company (Aimco) completed the sale of four of five properties in its Boston Portfolio for $490 million in cash.
The remaining property in the Boston Portfolio is under contract for $250 million and is expected to close in the fourth quarter of 2025, with a $20 million non-refundable deposit received.
The company declared a special cash dividend of $2.23 per share on September 15, 2025, to be paid from the proceeds of the initial sale.
The Boston Portfolio will be classified as a discontinued operation beginning with the third quarter of 2025.

Sep 15, 2025, 9:19 PM

8-K

Aimco Completes Asset Sales and Declares Special Dividend

AIV

Dividends

M&A

Guidance Update

Aimco has completed the sale of four suburban Boston properties for $490 million.
The company's Board of Directors has declared a $2.23 per share special cash dividend, payable on October 15, 2025, to stockholders of record as of September 30, 2025.
With additional pending sales of $770 million (Royal Crest Estates, Nashua for $250 million and two Brickell, Miami assets for $520 million) expected to close in 2025, Aimco anticipates total dispositions of $1.26 billion for the year, generating approximately $785 million in net proceeds.
Aimco expects to return between $4.00 and $4.20 per share to stockholders in 2025 and pay off approximately $100 million of incremental debt.