#United States #Denver #Aimco #Apartment Investment #Liquidation Plan

Aimco Moves Forward with Sale and Liquidation Plans

Apartment Investment and Management Company (Aimco), well-known in the real estate sector, is taking significant steps towards a comprehensive liquidation of its assets. On January 5, 2026, the company announced the filing of a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) in preparation for a crucial special stockholder meeting. This meeting is set for February 6, 2026, where shareholders will vote on the proposed plan of sale and liquidation.

With an emphasis on generating maximum value for its shareholders, Aimco's Board of Directors performed an extensive strategic review from which they concluded that selling the remaining properties is the best course of action. This stands in contrast to other strategies that may be available or even simply maintaining the current state.

Aimco President and CEO, Wes Powell, reflected on the company’s long-standing history of managing one of the largest portfolios of multifamily assets across the nation, expressing that the company has always prioritized delivering exceptional financial returns to its partners and shareholders.

In December 2025, Aimco successfully executed the sale of its Brickell Assemblage for $520 million and has lined up an additional $620 million worth of assets currently under contract. In addition, the company is actively working to market a significant part of its existing portfolio. Aimco anticipates returning net proceeds to its shareholders via a series of liquidating distributions, expected to range between $5.75 and $7.10 per share.

The decisive action marks a pivotal moment for Aimco, aiming to create significant value for its investors while navigating through the complexities of the real estate market. As the date for the special meeting draws near, shareholders are expected to review the proxy statement thoroughly as it contains vital details regarding the proposed liquidation plans.

Further Information
The details surrounding this proposed transaction are available in the proxy statement filed by Aimco. It is worth noting that the statement will be sent out to all of Aimco’s shareholders. In advance of making any voting decisions, the company is urging shareholders to read the proxy statement along with other related documents that will be made available on the SEC’s website or Aimco’s dedicated investor relations site.

As participants in the solicitation, certain directors and executive officers of Aimco, alongside other employees, may be deemed to play a role in securing the necessary approvals from shareholders for the proposed transaction. Anyone looking to gain more insight into the ownership of Aimco's common stock by these individuals can reference the proxy statement from the prior year ended December 31, 2024. Changes in securities ownership will be properly documented in subsequent filings to ensure transparency.

This press release also carries forward-looking statements that encompass intentions or expectations concerning the company’s operations and performance. Such statements, while indicative of future plans, are inherently accompanied by risks and uncertainties that might lead actual performance to deviate from projected expectations. Aimco advises readers to consider these risks when reviewing the forward-looking statements.

About Aimco
Aimco is a diversified real estate entity that primarily focuses on value-add and opportunistic investments within the multifamily sector throughout the United States. The company's overarching mission revolves around making strategic real estate investments that are enhanced by skilled human capital, thereby creating significant value for investors, team members, and the communities they serve. For additional details, prospective investors can visit Aimco’s website for further insights.