Apartment Investment and Management Company AIV

Company Overview

Apartment Investment and Management Company (AIV), commonly known as Aimco, is a publicly traded real estate investment trust (REIT) focused on the ownership, management, redevelopment, and selective development of multifamily apartment communities. The company operates within the U.S. residential real estate and multifamily housing industries, generating revenue primarily through rental income and ancillary resident services. Its core customers are long-term and short-term renters in urban and suburban markets with strong employment fundamentals.

Founded in 1975, Aimco was one of the earliest residential REITs in the United States and has evolved through multiple portfolio restructurings. A significant milestone occurred in December 2020, when the company completed a corporate separation, spinning off Apartment Income REIT Corp. (AIRC) and retaining a smaller, higher-conviction portfolio under the Apartment Investment and Management Company name. Since that transaction, AIV has operated as a focused, asset-driven REIT emphasizing balance sheet discipline, redevelopment value creation, and long-term net asset value growth.