Aimco Reports Fourth Quarter and Full Year 2024 Results and Establishes 2025 Guidance

About this update from Apartment Investment And Management Company

[{"type":"text","content":"DENVER, Feb. 24, 2025 /PRNewswire/ -- Apartment Investment and Management Company ("Aimco") (NYSE: AIV) announced today fourth quarter and full year 2024 results and established 2025 guidance.","length":207,"tagName":"p"},{"type":"image","alt":"Aimco (PRNewsfoto/Apartment Investment and Management Company (Aimco))","displaySize":"","headline":null,"caption":"Aimco (PRNewsfoto/Apartment Investment and Management Company (Aimco))","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":162,"url":"https://media.zenfs.com/en/prnewswire.com/c1d23885b5b34e774fe7c3ca535f5fbb"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/LZsN6.NmjRg3_2NKY8aSCw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI4NjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/c1d23885b5b34e774fe7c3ca535f5fbb","width":400,"height":162}},"href":"https://mma.prnewswire.com/media/2401790/Aimco_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Financial Results","length":17,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Aimco's net loss attributable to common stockholders per share, on a fully dilutive basis, was $(0.08) for the quarter, and $(0.75) for the year ended December 31, 2024.","length":173,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Operating Income ("NOI") from Aimco's Stabilized Operating Properties was $25.9 million in the fourth quarter 2024, up 4.5% year-over-year, and full year 2024 NOI was $99.0 million, also up 4.5% year-over-year.","length":228,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":401,"olType":false},{"type":"text","content":"Stockholder Letter","length":18,"tagName":"p"},{"type":"text","content":"Dear fellow and prospective stockholders,","length":41,"tagName":"p"},{"type":"text","content":"I am pleased to report on Aimco's 2024 results and outline our plans and goals for the year ahead.","length":102,"tagName":"p"},{"type":"text","content":"During 2024, Aimco delivered strong operational results across our apartment portfolio, remained disciplined in the allocation of capital and made significant progress toward our broader strategic goals by executing and advancing key transactions.","length":247,"tagName":"p"},{"type":"text","content":"Aimco's Stabilized Operating portfolio continued to benefit fro...

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