Apartment Investment and Management Company

Denver, CO United States

  (NYSE: AIV)

Company Description

Apartment Investment and Management Company (AIMCO) is the host with the most -- apartment units, that is. A self-managed real estate investment trust (REIT), AIMCO owns, manages, and redevelops multifamily residential properties throughout the US. It is one of the nation's largest apartment owner/managers (surpassed only by Sam Zell's Equity Residential) with some 650 properties comprising 109,000 units in its portfolio. Operating arm AIMCO Properties holds and manages most of AIMCO's assets, which include suburban communities, high-rises, and subsidized affordable housing. The REIT targets the largest multifamily markets in the US, namely coastal cities, the Sunbelt, and Chicago.