Aimco Completes Asset Acquisition
| Field | Detail |
|---|---|
| Company | Aimco Op L.P. |
| Form Type | 8-K |
| Filed Date | Sep 15, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $740 million, $490 million, $250 million, $20 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, real-estate
TL;DR
Aimco just bought some assets, details TBD.
AI Summary
On September 9, 2025, Apartment Investment & Management Co. (Aimco) announced the completion of an acquisition of assets. The filing does not specify the seller or the financial terms of the transaction.
Why It Matters
This filing indicates a strategic move by Aimco to expand its real estate portfolio through asset acquisition, which could impact its future revenue and market position.
Risk Assessment
Risk Level: low — The filing is a standard disclosure of asset acquisition completion without immediate financial implications or significant changes to the company's structure.
Key Players & Entities
- Apartment Investment & Management Co. (company) — Filer
- Aimco OP L.P. (company) — Filer
- 0001193125-25-203790 (document_id) — Accession Number
- 20250909 (date) — Report Date
- 20250915 (date) — Filing Date
FAQ
What specific assets were acquired by Aimco?
The filing does not specify the nature or type of assets acquired.
Who was the seller in this acquisition?
The filing does not disclose the identity of the seller.
What was the financial value of the acquired assets?
The filing does not provide any financial figures related to the acquisition.
When did the acquisition officially close?
The acquisition was completed as of September 9, 2025.
What is the purpose of this asset acquisition for Aimco?
The filing states the completion of an acquisition or disposition of assets but does not detail the strategic purpose.
Filing Stats: 1,012 words · 4 min read · ~3 pages · Grade level 12.6 · Accepted 2025-09-15 17:19:21
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