Aimco Completes Acquisition

TL;DR

Aimco just bought something, details TBD.

AI Summary

Apartment Investment & Management Co. (Aimco) announced the completion of an acquisition on September 9, 2025. The filing does not specify the target of the acquisition or the financial terms involved, but it indicates a significant corporate event for the real estate investment trust.

Why It Matters

This filing signifies a material change in Aimco's asset portfolio, potentially impacting its future revenue streams and strategic direction.

Risk Assessment

Risk Level: medium — The lack of specific details regarding the acquisition's value and target introduces uncertainty about its financial impact.

Key Players & Entities

• APARTMENT INVESTMENT & MANAGEMENT CO (company) — Filer
• Aimco OP L.P. (company) — Subsidiary/Related Entity
• Durango OP, LP (company) — Former Company Name

FAQ

Key Financial Figures

• $740 million — io") for an aggregate purchase price of $740 million. On September 9, 2025, the Company co
• $490 million — aser for an aggregate purchase price of $490 million paid in cash. These four properties inc
• $250 million — under contract for a purchase price of $250 million and is expected to close in the fourth
• $20 million — eframe, or at all. The buyer has made a $20 million non-refundable deposit, which will be f

Filing Documents

• aiv-20250909.htm (8-K) — 71KB
• aiv-ex99_1.htm (EX-99.1) — 1893KB
• 0001193125-25-203790.txt ( ) — 2162KB
• aiv-20250909.xsd (EX-101.SCH) — 46KB
• aiv-20250909_htm.xml (XML) — 8KB

01 Completion of Acquisition or Disposition of Assets

Item 2.01 Completion of Acquisition or Disposition of Assets As previously reported, on August 5, 2025, certain subsidiaries of Apartment Investment and Management Company ("Aimco") and Aimco OP L.P. (collectively, the "Company" or "Seller") entered into an Agreement of Purchase and Sale (the "Agreement") with HGI Acquisitions, LLC (the "Purchaser"). The Purchaser is not affiliated with the Seller. Under the terms of the Agreement, the Seller agreed to sell to the Purchaser, five properties located in suburban Boston (the "Boston Portfolio") for an aggregate purchase price of $740 million. On September 9, 2025, the Company completed the sale of four of the five properties located in suburban Boston to the Purchaser for an aggregate purchase price of $490 million paid in cash. These four properties include properties known as Royal Crest Estates (Marlboro), Royal Crest Estates (Warwick), Waterford Village, and Wexford Village. The sale of the fifth property, Royal Crest Estates (Nashua), continues to be under contract for a purchase price of $250 million and is expected to close in the fourth quarter of 2025 to accommodate the assumption of the property loan pursuant to the terms of the Agreement, although no assurance can be made that the Company will complete the sale of the remaining property within that timeframe, or at all. The buyer has made a $20 million non-refundable deposit, which will be forfeited to the Company if the final sale is not completed. Cautionary Statement Regarding Forward-Looking Statements This Current Report on Form 8-K contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding our intent, belief, or expectations. Words such as "anticipate(s)," "expect(s)," "intend(s)," "plan(s)," "believe(s)," "may," "will," "would," "could," "should," "seek(s)," "forecast(s)," and similar expressions,

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (b) Pro Forma Financial Information The following unaudited pro forma financial information of the Company, which reflect the sale of the Company's interests in the Boston Portfolio to the Purchaser, are filed as Exhibit 99.1 to this Current Report. Unaudited Pro Forma Condensed Consolidated Balance Sheet as of June 30, 2025 Unaudited Pro Forma Consolidated Statements of Operations for the six months ended June 30, 2025 and the years ended December 31, 2024, 2023, and 2022 (d) The following exhibits are filed with this report: Exhibit No. Description 99.1 Unaudited Pro Forma Condensed Consolidated Financial Statements of Aimco and Aimco OP L.P. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 15, 2025 APARTMENT INVESTMENT AND MANAGEMENT COMPANY /s/ H. Lynn C. Stanfield H. Lynn C. Stanfield Executive Vice President and Chief Financial Officer AIMCO OP L.P. By: Aimco OP GP, LLC, its general partner By: Apartment Investment and Management Company, its managing member /s/ H. Lynn C. Stanfield H. Lynn C. Stanfield Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR