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Apartment Investment and Management Company 8-K Filings

AIV NYSE

Every 8-K that Apartment Investment and Management Company (AIV) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow AIV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AIV filings page.

Rhea-AI Summary

Apartment Investment and Management Company (Aimco) reported the results of its 2026 annual meeting of stockholders. All nine director nominees were elected to one-year terms, each receiving over 106.7 million votes in favor with relatively few votes against or abstentions.

Stockholders ratified the selection of Grant Thornton LLP as Aimco’s independent registered accounting firm for the 2026 fiscal year, with about 122.4 million votes cast in favor. They also approved on an advisory basis the executive compensation program, with approximately 105.7 million votes for and 1.1 million against. On the April 22, 2026 record date, 143,856,183 shares of common stock were outstanding and eligible to vote.

Rhea-AI Summary

Apartment Investment and Management Company completed the sale of its seven-property Chicago Portfolio, totaling 1,495 units, to LaTerra Capital Management for $455.0 million. The buyer assumed $282.5 million of non-recourse property debt, and Aimco estimates net cash proceeds of about $152.1 million after debt, costs, and working capital adjustments.

The transaction is treated as a strategic shift and will be classified as a discontinued operation under ASC 205-20 starting with the quarter ended March 31, 2026. Pro forma 2025 rental and other property revenues fall from $138.5 million to $92.6 million, and net income from continuing operations attributable to Aimco decreases from $26.6 million to $20.6 million, or from $0.20 to $0.15 per diluted share.

Rhea-AI Summary

Apartment Investment and Management Company (Aimco) has moved ahead with a previously approved plan to wind down its business. On February 6, 2026, stockholders voted to adopt a Plan of Sale and Liquidation authorizing Aimco to sell or otherwise dispose of any or all of its assets, directly or through its subsidiaries and affiliates.

In line with this plan, on March 6, 2026, Aimco’s general partner entity elected to dissolve Aimco OP L.P., the operating partnership that Aimco controls as general partner and special limited partner. The dissolution will proceed under the Plan of Sale and Liquidation and the partnership agreement.

Rhea-AI Summary

Apartment Investment and Management Company (Aimco) reports strong 2025 results while advancing a full liquidation strategy. Net income attributable to Aimco was $300.5 million in the fourth quarter and $554.0 million for 2025, driven largely by $1.26 billion of asset sales and related gains.

Aimco’s stabilized operating portfolio generated fourth quarter Property NOI of $9.9 million, up 0.5% year-over-year, with revenue up 1.8% and expenses up 4.5%. For 2025, stabilized Property NOI was $38.0 million, down 0.3% as higher costs offset modest revenue growth.

Stockholders approved a Plan of Sale and Liquidation on February 6, 2026. Aimco estimates total liquidating distributions of $5.75 to $7.10 per share, including a $1.45 initial liquidating distribution payable March 13, 2026 and an additional $0.85 to $0.95 per share expected in the second quarter, alongside prior 2025 special cash dividends of $2.83 per share.

Rhea-AI Summary

Apartment Investment and Management Company (Aimco) is advancing its Plan of Sale and Liquidation. Stockholders recently approved the Plan, and the Board declared a $1.45 per share liquidating distribution, to be paid on March 13, 2026 to stockholders of record on February 27, 2026.

Aimco has agreements with four buyers to sell 12 properties for a gross price of approximately $680 million, backed by about $30 million of non-refundable deposits. If all these transactions close as planned, Aimco expects additional second-quarter liquidating distributions of $0.85–$0.95 per share, after retiring property-level debt, paying transaction costs, and repaying about $110 million of construction debt and preferred equity.

The company is focused on efficiently selling its remaining stabilized, land, development, and lease-up properties, which it plans to bring to market by the middle of 2026, while cautioning that actual distributions may differ from current estimates due to market and execution risks.

Rhea-AI Summary

Apartment Investment and Management Company (Aimco) stockholders have approved a full liquidation of the company. At a Special Meeting held at Aimco’s Denver headquarters, stockholders approved a Plan of Sale and Liquidation to sell or dispose of all assets, wind down operations, and dissolve the company.

On the record date of December 31, 2025, there were 144,075,540 shares of common stock eligible to vote. The liquidation proposal passed with 119,217,338 votes for, 108,600 against, and 5,955 abstentions. Stockholders also gave advisory approval to potential executive compensation tied to the liquidation and approved an adjournment option, though no adjournment was needed.

Rhea-AI Summary

Apartment Investment and Management Company (Aimco) filed an 8‑K providing supplemental information about its previously approved Plan of Sale and Liquidation. The company explains its engagement of Morgan Stanley as lead financial advisor for potential sale or liquidation transactions involving all or substantially all assets.

Aimco describes Morgan Stanley’s fee structure, including quarterly advisory fees, potential transaction-based fees and reimbursed expenses, and notes that Morgan Stanley has received approximately $5.55 million in aggregate fees related to the sale process and resulting plan of liquidation. Morgan Stanley did not provide a fairness opinion but reviewed management’s methodology for estimating total liquidating distributions.

The filing also reiterates that the proposed plan of sale and liquidation is subject to shareholder voting under a previously distributed proxy statement, and includes standard information on where investors can access that proxy and other related SEC filings, plus customary forward-looking statement cautions.

Rhea-AI Summary

Apartment Investment and Management Company (Aimco) disclosed a new compensation arrangement for Chief Executive Officer Wesley Powell tied to its previously approved Plan of Sale and Liquidation. On December 26, 2025, affiliate Aimco Development Company, LLC agreed to pay Mr. Powell an accelerated estimated 2025 cash bonus of $1,470,000 and a retention award of $5,250,000, both in cash by December 31, 2025. The retention award replaces his prior cash severance rights and is designed in part to address potential tax impacts under Sections 280G and 4999 of the Internal Revenue Code.

Mr. Powell must repay these amounts on an after-tax basis if he resigns or is terminated for cause within specified periods tied to when his 2025 bonus would normally be paid and to the completion or failure of the Plan of Sale and Liquidation. If he does not satisfy a repayment obligation, Aimco may offset it by canceling vested shares of Aimco common stock he holds. Retention of the award after qualifying terminations also requires Mr. Powell to sign and not revoke a release in favor of Aimco.

Rhea-AI Summary

Apartment Investment and Management Company (Aimco) completed the sale of its Brickell Assemblage properties in Miami for total consideration of $520 million. The purchaser financed $85 million of the price with seller financing notes from Aimco that run for 24 months, carry compounding interest starting at 12% and rising to 16% after twelve months, include 3% exit fees, and allow two one-year renewals with interest increasing to 20% and 24%.

Aimco reports initial net proceeds of approximately $220 million after property-level debt, deferred tax liability, transaction costs, and excluding the seller financing notes. Aimco has previously stated it plans to monetize these notes and now indicates it intends to distribute the majority of net proceeds to shareholders. Separately, Aimco subsidiaries agreed to sell two properties totaling 660 apartment homes in Florida and Tennessee for $155 million, with a non-refundable $5 million deposit and closing targeted for the first quarter of 2026, subject to mortgage loan assumption approvals.

Rhea-AI Summary

Apartment Investment and Management Company agreed to sell a portfolio of seven apartment properties with 1,495 units in the Chicago market to LaTerra Capital Management for a gross price of $455 million.

The buyer has completed due diligence and will provide a non-refundable deposit totaling $20 million by January 15, 2026, with closing scheduled for the first quarter of 2026, subject to assumption of the in-place mortgage loans.

Net proceeds after property-level debt and transaction costs are expected to be approximately $160 million, and Aimco plans to distribute the majority of these proceeds to shareholders if the transaction closes as planned.

Rhea-AI Summary

Aimco (AIV) announced two major actions. The Board unanimously approved a Plan of Sale and Liquidation, subject to approval by holders entitled to cast two-thirds of all votes, with a special stockholder meeting expected in early 2026. If effective, Aimco may sell assets, settle obligations, and distribute remaining assets, including potentially via a liquidating trust.

Separately, Aimco amended its agreement to sell the Miami Brickell Assemblage for $520 million, with closing now scheduled for December 2025. The buyer will finance $70 million of the price through transferable seller financing notes from Aimco, carrying a 24‑month term, a compounding interest rate that increases from 12% to 22%, and exit fees of 1%–4%. Of the $50 million non‑refundable deposit, $15 million has been released to Aimco, $20 million is to be released on November 18, 2025, and $15 million will be applied at closing. Net proceeds are estimated at approximately $300 million, and Aimco intends to return the majority of these net proceeds to shareholders.

Rhea-AI Summary

Aimco (AIV) completed the sale of its five‑property Boston Portfolio for an aggregate purchase price of $740 million. Four properties closed on September 9, 2025 for $490 million, and the fifth property, Royal Crest Estates (Nashua), closed on October 3, 2025 for a gross purchase price of $250 million.

In connection with the final closing, the purchaser assumed $173.4 million of non‑recourse property debt. The company plans to use incremental net cash proceeds to reduce leverage and for general corporate purposes.

The company filed an 8‑K/A to include unaudited pro forma financial information reflecting the complete disposition, with an unaudited pro forma condensed consolidated balance sheet as of June 30, 2025 and pro forma statements of operations for the six months ended June 30, 2025 and the years ended December 31, 2024, 2023, and 2022.