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Aimco

Apartment Investment and Management Company
Public
Traded as AIV
S&P 500 Component
Industry Real estate investment trust
Founded 1975 (as "The Considine Company, Inc.")
1994 (Merged with Property Asset Management & PDI, Inc.)
Founder Terry Considine
Headquarters Denver, Colorado, U.S.
Area served
United States
Puerto Rico
Key people
Terry Considine
(Chairman) & (CEO)
Products Apartment Homes
Revenue DecreaseUS$981.3 million (2015)
DecreaseUS$256.2 million (2015)
DecreaseUS$271.9 million (2015)
Total assets IncreaseUS$6.144 billion (2015)
Total equity IncreaseUS$1.763 billion (2015)
Number of employees
1,625
Website Aimco.com
Aimcoapartments.com

Aimco or Apartment Investment Management Company is one of the largest owners and operators of apartment communities in the United States. The company is headquartered in Denver, Colorado.

The company owns or has investments in 196 communities serving 250,000 residents in 22 states and the District of Columbia.

Aimco’s key markets include Los Angeles, Seattle, Philadelphia, South Florida, Atlanta, Chicago, Suburban New York/New Jersey, San Jose, Orange County, California, Manhattan, Denver, East Bay, San Diego, Phoenix, Washington/Northern Virginia/Maryland, San Francisco and Boston.

Aimco’s business model focuses on the redevelopment of older, market-rate apartment communities in premiere locations. Since 2005, Aimco has invested $1.5 billion in the redevelopment of 220 conventional properties. In 2009, Aimco completed renovations to Van Nuys Apartments, a historic structure built in 1911. This redevelopment has secured affordable housing for senior and disabled residents for the next 55 years, and has anchored a revitalization of its surrounding Los Angeles neighborhood.

Aimco was founded by Terry Considine, who currently serves as Chairman and CEO.


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