The board of directors declared the liquidating distribution on Monday, which will be funded by the net proceeds from the December 2025 sale of the Brickell Assemblage in Miami. Shareholders of record as of Feb. 27 are scheduled to receive the payment on March 13, marking a significant milestone in the company’s pivot toward asset monetization.
In section Market Quotes
Aimco Approves $1.45 Per Share Payout Amid $680 Million Asset Sale
Apartment Investment and Management Co. (Aimco) will return $1.45 per share to investors following shareholder approval of a sweeping divestment strategy that includes the liquidation of several high-profile real estate holdings.
Divestment Strategy and Portfolio Liquidation
Beyond the Miami transaction, Aimco has secured agreements with four separate buyers to offload 12 properties for a combined $680 million. The deal is currently backed by approximately $30 million in non-refundable deposits. The portfolio spans several major U.S. markets, including:
- A seven-property cluster in the Chicago-area market
- The Benson Hotel and Faculty Club in Aurora, Colorado
- Assets in Nashville, Tennessee, and Plantation, Florida
- Prime residential buildings on West 23rd Street and Ninth Avenue in New York City
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