APARTMENT INVESTMENT & MANAGEMENT CO SEC Filings

Apartment Investment & Management Company executive Kellie Dreyer reported equity compensation and related share withholding. On January 28, 2026, she received 7,862 shares of Class A common stock as a stock award tied to 2023 long-term incentive compensation, granted at no cash cost to her.

The award was contingent on meeting total shareholder return criteria versus specified indices and is scheduled to vest 100% on February 1, 2026. On the same date, 539 shares were withheld at $5.85 per share, typically for tax obligations, leaving her with 101,651 Class A shares held directly after the transactions.

Apartment Investment and Management Company (Aimco) is asking stockholders to approve a Plan of Sale and Liquidation at a special meeting on February 6, 2026. The Board unanimously determined the plan is advisable, fair and in the best interests of stockholders and recommends voting FOR the liquidation, an advisory executive compensation proposal and a potential adjournment proposal.

If the liquidation is approved, Aimco plans to sell its remaining real estate assets, including properties already under contract such as the Chicago, IL portfolio, Hillmeade and Plantation Gardens, repay liabilities, and distribute net proceeds and cash on hand to stockholders. Management currently estimates total liquidating distributions of $5.75–$7.10 per common share, which, when combined with $2.83 per share of special dividends paid in 2025, implies a total estimated return of $8.58–$9.93 per share, though the actual timing and amounts may differ.

The plan contemplates a complete wind-down of Aimco, potential use of a liquidating trust, delisting from the NYSE, deregistration of the common shares and OP units, cancellation of all shares and eventual dissolution under Maryland law. The proxy statement details significant risks, including uncertainty around sale prices, timing, taxes, ongoing public company costs if liquidation is not completed, and potential liability exposure if reserves prove insufficient.

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.

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.

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.

Newtyn Management, LLC filed a Schedule 13G disclosing beneficial ownership of 7,761,846 shares of Apartment Investment & Management Co. (AIV) Class A Common Stock, representing 5.5% of the class.

As of September 30, 2025, Newtyn TE Partners, LP held 4,836,369 shares and Newtyn Partners, LP held 2,925,477 shares. The ownership percentage is based on 142,331,227 shares outstanding as of August 8, 2025. The reporting person lists sole voting and sole dispositive power over all 7,761,846 shares and certifies the holdings were acquired and are held in the ordinary course, not for the purpose of changing or influencing control.

Apartment Investment and Management Company (Aimco) reported Q3 2025 results combining Aimco and Aimco OP L.P. Net income was $302,992 thousand, driven by $382,306 thousand from discontinued operations. From continuing operations, the company recorded a loss, including a $57,373 thousand non-cash real estate impairment tied to properties in Colorado’s Front Range.

Rental and other property revenues were $35,132 thousand. Diluted EPS was $2.04, reflecting gains from asset sales in discontinued operations. Cash and cash equivalents increased to $404,379 thousand, while total indebtedness was $828,532 thousand.

Aimco declared a $2.23 per share special cash dividend on September 15, 2025, tied to suburban Boston asset sales, and accrued $333,480 thousand in dividends payable as of quarter-end. Shares outstanding were 140,158,784 as of September 30, 2025. The period also included a $6,200 thousand non-cash impairment on the IQHQ investment, reducing its carrying value to $4,849 thousand.

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.

Apartment Investment and Management Company (AIV): Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander filed Amendment No. 1 to Schedule 13G, reporting beneficial ownership of 4,440,885 shares of AIV Class A Common Stock, representing 3.1% of the class as of the event date 09/30/2025.

The filers report shared voting and dispositive power over 4,440,885 shares and no sole voting or dispositive power. They indicate ownership of 5 percent or less of the class and certify the securities were not acquired to change or influence control.