|Bid||9.26 x 2900|
|Ask||9.75 x 1100|
|Day's Range||9.32 - 9.51|
|52 Week Range||5.22 - 9.79|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||5.80|
|Earnings Date||Nov 07, 2022 - Nov 11, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep 13, 2022|
|1y Target Est||N/A|
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Real estate investment trusts (REITs) are publicly traded companies that allow individual investors to buy shares in real estate portfolios that receive income from a variety of properties. They allow investors to invest easily in the real estate sector, which includes companies that own, develop, and manage residential, commercial, and industrial properties.
DENVER, August 11, 2022--Apartment Investment and Management Company ("Aimco") (NYSE: AIV) announced today that it and Alaska Permanent Fund Corporation ("APFC") have entered into an agreement to fund up to $1 billion of future Aimco-led multifamily developments. Pursuant to the agreement, APFC will fund up to $360 million of limited partner equity into projects meeting specific criteria, including, among other items, return thresholds and minimum project size. Aimco will act as the general part
AIMCO (NYSE: AIV) has closed on the third and final piece of the Searstown redevelopment site in Fort Lauderdale to set up one of the city’s biggest projects. RK Associates, an affiliate of Sunny Isles Beach-based RK Centers, led by Miami Heat co-owner Raanan Katz, sold the 1.38-acre parking lot at the southwest corner of Northeast Ninth Street and Northeast Fifth Avenue for $16 million to 450 NE 9th Owner LLC, an affiliate of Denver-based AIMCO. This follows RK Associates selling 5.7 acres to AIMCO for $64 million in June and 1.7 acres to AIMCO for $20 million in July.