Aimco sells seven Chicago apartments for $455 million in liquidation process

Apartment Investment and Management Company Class A

Apartment Investment and Management Company Class A

AIV

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  • Aimco completed sale of seven apartment properties in Chicago to LaTerra Capital Management affiliate LaTerra Development and Respark Residential for USD 460 million.
  • Liquidating distribution expected in Q2 2026 of USD 0.85 to USD 0.95 per share.
  • GAAP liquidation-basis accounting to be adopted with Q1 2026 Form 10-Q filing expected in May.
  • Investor relations activity to be scaled back, ending quarterly earnings releases and supplemental schedules.


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