AIMCO Sells Chicago Apartment Portfolio for $455 Million

Apartment Investment and Management Company Class A -1.23% Pre

Apartment Investment and Management Company Class A

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Apartment Investment & Management Company (Aimco) has agreed to sell its portfolio of seven Chicago apartment properties, totaling 1,495 units, to LaTerra Capital Management and Respark Residential for $455 million. The transaction is expected to close in the first quarter of 2026, pending mortgage assumption approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AIMCO - Apartment Investment & Management Company published the original content used to generate this news brief via PR Newswire (Ref. ID: LA47891) on December 15, 2025, and is solely responsible for the information contained therein.
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