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Aimco dips below billion-dollar mark for 2018 revenue

Kelcey McClung
Aimco dips below billion-dollar mark for 2018 revenue

Apartment Investment and Management Company, also known as Aimco (NYSE: AIV), reported a slight decline in quarterly and yearly revenues during the company's earnings call Tuesday. The company purchases, redevelops and manages apartment communities. Aimco ended Q4 2018 slightly down from 2017, $232.02 million versus $231.5 million.