Aimco shareholders to vote on liquidation as REIT actively markets its remaining portfolio

REIT has $620 million of apartments under contract in Chicago, Atlanta, Nashville.

Joshua S. Andino
01.6.26

Aimco shareholders to vote on liquidation as REIT actively markets its remaining portfolio

Aimco, headquartered in Denver at 4582 S. Ulster St., plans to hold a special meeting on Feb 6. asking shareholders to vote in favor of a plan to liquidate the company and sell its remaining assets. (CoStar)

Shareholders of Apartment Investment and Management Co., better known as Aimco, are set to decide the future of the real estate investment trust next month after a strategic review that lasted more than a year.

The REIT’s board is asking stockholders to approve the company’s planned asset sales and liquidation. Aimco closed on a $520 million waterfront assemblage in Miami’s Brickell financial district last month in the largest transaction of its kind in the city’s history.

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