DENVER--(BUSINESS WIRE)--Apartment Investment and Management Company (“Aimco”) (NYSE: AIV, AIVPrA) announced today that its annual meeting of shareholders will be held in Philadelphia, PA on May 1, 2018. Aimco looks forward to welcoming at the meeting all shareholders of record on the record date as set out in the proxy materials.
The Philadelphia venue provides an opportunity for Aimco shareholders on the East Coast to attend the annual meeting without extended travel. Philadelphia is also an important market for Aimco, representing 8% of GAV and contributing 6.4% of 2017 NOI. It is also the home of The Sterling and Park Towne Place, whose redevelopment adds $120M to our Net Asset Value.
Aimco is a real estate investment trust focused on the ownership and management of quality apartment communities located in selected markets in the United States. Aimco is one of the country’s largest owners and operators of apartments, with 180 communities in 22 states and the District of Columbia. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV, and are included in the S&P 500. For more information about Aimco, please visit our website at www.aimco.com.