APARTMENT INVESTMENT AND MANAGEMENT COMPANY (NYSE:AIV) Files An 8-K Results of Operations and Financial ConditionITEM 2.02.
Results of Operations and Financial Condition.
The earnings release of Apartment Investment and Management Company (“Aimco”), dated July 27, 2017, attached hereto as Exhibit 99.1 is furnished herewith. Aimco will hold its second quarter 2017 earnings conference call on July 28, 2017, at 1:00 p.m. Eastern time. You may join the conference call through an internet webcast accessed through Aimco's website at www.aimco.com/investors. Alternatively, you may join the conference call by telephone by dialing 888-317-6003, or 412-317-6061 for international callers, and using passcode 9313459. If you wish to participate, please call approximately five minutes before the conference call is scheduled to begin.
If you are unable to join the live conference call, you may access the replay until October 28, 2017, by dialing 877-344-7529, or 412-317-0088 for international callers, and using passcode 10109660, or you may access the audiocast replay on Aimco's website at www.aimco.com/investors. Please note that the full text of the earnings release and supplemental schedules are available through Aimco's website at www.aimco.com/investors. The information contained on Aimco's website is not incorporated by reference herein.
Submission of Matters to a Vote of Security Holders.
(d) In connection with the April 25, 2017, annual meeting of Aimco stockholders, the Aimco Board of Directors recommended an annual advisory vote on executive compensation.The stockholder vote supported that recommendation.Accordingly, the Board has determined that advisory votes on executive compensation will take place annually.
ITEM 9.01. Financial Statements and Exhibits.
The following exhibits are furnished with this report:
Exhibit Number Description
99.1Second Quarter 2017 Earnings Release dated July 27, 2017
APARTMENT INVESTMENT & MANAGEMENT CO ExhibitEX-99.1 2 q22017er-ssxex991.htm EXHIBIT 99.1 Exhibit Page 1 Earnings Release 9 Consolidated Statements of Operations 10 Consolidated Balance Sheets 11 Schedule 1 – Funds From Operations and Adjusted Funds From Operations Reconciliation 12 Schedule 2 – Funds From Operations and Adjusted Funds From Operations Information 14 Schedule 3 – Property Net Operating Income 16 Schedule 4 – Apartment Home Summary 17 Schedule 5 – Capitalization and Financial Metrics 19 Schedule 6 – Same Store Operating Results 23 Schedule 7 – Real Estate Portfolio Data by Market 25 Schedule 8 – Disposition and Acquisition Activity 26 Schedule 9 – Real Estate Capital Additions Information 27 Schedule 10 – Redevelopment and Development Portfolio 32 Glossary and Reconciliations of Non-GAAP Financial and Operating Measures Aimco Reports Second Quarter ResultsDenver,…To view the full exhibit click
About APARTMENT INVESTMENT AND MANAGEMENT COMPANY (NYSE:AIV)
Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust. The Company, through its subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, holds the ownership interests in the Aimco Operating Partnership. Its segments include conventional real estate and affordable real estate. Its conventional real estate segment includes over 140 apartment communities with over 40,460 apartment homes. Its affordable real estate operations include approximately 60 apartment communities with over 8,680 apartment homes. The affordable segment consists of apartment communities, which it classifies as Affordable Same Store or Other Affordable. It owns and operates a portfolio of market-rate apartment communities. Aimco Operating Partnership conducts its business, which is focused on the ownership, management, redevelopment and limited development of apartment communities located in the coastal and job growth markets of the United States.