Apartment Investment & Management (AIV) Sector
Real Estate

(Current) $7.62
0.25 (3.39%) Open Price: 7.62

Apartment Investment & Management Co., commonly known as Aimco, is a real estate investment trust (REIT) that specializes in the ownership and management of apartment communities. The company was founded in 1975 by Terry Considine and Ernest W. Hahn in Denver, Colorado. Aimco initially focused on shopping center development but shifted its focus to apartment ownership and management in the late 1980s.

Aimco owns and operates a diverse portfolio of apartment properties, catering to various demographic segments and income levels. The company focuses on providing quality living experiences for its residents, offering amenities and services that enhance their lifestyles. Aimco's portfolio includes properties in urban, suburban, and high-growth markets.

In addition to property ownership, Aimco offers property management and leasing services. The company's management services include maintaining the physical condition of properties, marketing vacant units, and providing resident services. Aimco's goal is to create value for its shareholders and deliver excellent living experiences for its residents.

Over the years, Aimco has evolved its portfolio strategy, selling certain properties to focus on high-growth markets and properties that align with its long-term objectives. The company also engages in redevelopment and renovation projects to enhance the value of its properties.

Aimco's success is rooted in its commitment to operational excellence and its dedication to creating vibrant and well-maintained apartment communities. The company's ongoing efforts to adapt to market trends and provide exceptional customer experiences have contributed to its position as a leading player in the multifamily real estate industry.

(03/01/24) $7.62
(03/02/24) $7.37
(03/02/24) (Qty.)916,540
(03/01/24) $7.29
(03/01/24) $7.64
(10/29/23) $5.63
(07/23/23) $8.93
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