The Board of Directors for Aimco has decided to sell the REIT’s remaining assets, concluding its strategic review process.
In January 2025, Denver-based Aimco’s board of directors decided to explore alternatives to “unlock and maximize shareholder value,” which included a potential sale of the REIT as a whole or a disposition of major components of the business.
The REIT cited “the disparate composition of Aimco’s remaining assets and the market feedback received during a robust strategic process” as a driver behind the decision, according to a Nov. 10 press release.
The sale of the REIT’s remaining assets in multiple transactions “is likely to deliver…