Apartment Investment And Management Company · NYSE:AIV
Apartment Investment And Management — Corporate Update (October 2010)
15 slides from Apartment Investment And Management's corporate update, Oct 12, 2010
Slide 1: South Florida Property Tour
AIM CO South Florida Property Tour October 12, 2010
Slide 2: Aimco Has a Simple Business Strategy
Aimco Introduction Aimco Has a Simple Business Strategy Finance with property-level, non-recourse, long-dated, fixed-rate and amortizing debt Own and operate 100,000 B/B+ quality apartments Well located in 20 largest U.S. markets Opportunistic redevelopment
Slide 3: Capital Concentrated in Target Markets
Capital Concentrated in 20 Target Markets Manhattan Boston Philadelphia Suburban NY / NJ Washington-NoVa-MD Orange County Los Angeles Denver Phoenix Chicago Dallas / Ft Worth Houston South Florida Atlanta San Jose Jacksonville Seattle East Bay San Francisco San Diego Orlando Tampa · Aimco targets a
Slide 4: Aimco Holds High Quality Assets
Aimco Holds High Quality Assets Asset Quality: Measured by Rents Compared to Local Market Averages
Slide 5: Opportunistic Redevelopment
Opportunistic Redevelopment Aimco has invested approximately $1 billion in its portfolio over the last five years through opportunistic redevelopment of assets in quality locations. At the end of 2009, Aimco’s portfolio included 53 properties that were redeveloped between 2003 and 2009. We have a pi
Slide 6: Financing Strategy
Financing Strategy No recourse debt Aimco has an enterprise-wide weighted-average maturity of 8.0 years, 30% longer than our apartment peer average. Aimco leverage is approximately 64%, compared to apartment peer leverage that ranges from 50% to 60%. Aimco’s leverage carries less refunding and refin
Slide 7: Miami Market Overview
Miami Market Overview ‘Mand Marat Rent & Ossypancy Trends RES) iam Marat - Projected Ret & Ocipancy Trends (RES) a a Saat 4 OS
Slide 8: Fort Lauderdale Market Overview
Fort Lauderdale Market Overview
Slide 9: Palm Beach Market Overview
Palm Beach Market Overview a aE a fos 2 || ane en a zn || 2 FS
Slide 10: South Florida Conventional Portfolio
South Florida Conventional Portfolio * Represents property excluded from same store as a result of a casualty event.
Slide 11: South Florida Conventional Portfolio: Average Daily Occupancy
South Florida Conventional Portfolio *Average Daily Occupancy
Slide 12: Flamingo South Beach — North Tower
Flamingo South Beach — North Tower Community Features: · Full concierge service · Gated entrance · Attached parking garage · Swimming pool · Spa/hot tub, sauna · Sand volleyball, basketball court · Fitness center · Free WiFi · Business center · Car care center · Convenience store · Beauty salon · Pe
Slide 13: Flamingo South Beach — Center Tower
Flamingo South Beach — Center Tower Unit Features: · Upgraded kitchen · Upgraded features · Granite countertops · Wood floors · Walk-in closets · Extra vanity space · Air conditioning · Washer/dryer · Balcony/patio · Cable TV ready
Slide 14: Waterways Village Apartments
Waterways Village Apartments Community Features: · Swimming pool · Fitness center · Spa/hot tub · Clubhouse · Pet friendly · Near public transportation Unit Features: · Upgraded kitchen and appliances in select units · High ceilings · Air conditioning · Washer/dryer · Balcony/patio Cable TV ready
Slide 15: Yacht Club at Brickell Apartments
Yacht Club at Brickell Apartments Community Features: · Full concierge service · Gated entrance · Covered parking · Clubhouse · Business center · Swimming pool · Fitness center · Spa/hot tub · Sauna · Tennis court, racquetball court · Convenience store · Dog park · Playground · Near public transport
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