Apartment Investment And Management Company · NYSE:AIV
Apartment Investment And Management — NAREIT June 2003
6 slides from Apartment Investment And Management's conference presentation, Jun 3, 2003
Slide 1: Link to searchable text of slide
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Slide 2: Liquidity: Issued $250 Million Term Debt
Liquipity ~ ISSUED $250 MILLION TERM DEBT Improves Liquidity and Extends Duration “erm debt proceeds sop to tne of eat ~"beaabity of 8362 mition Five-year tm + Foang rate 91 2750p over LIBOR + Freely prepaystle LOWER COST OF CAPITAL — PROPERTY DEBT REFINANCINGS “71D $234 mien gross tans retnanced Fu
Slide 3: Balance Sheet: Preferred Redemptions
BALANCE SHEET — PREFERRED REDEMPTIONS ‘Class § and Property Disposition Proceeds Fund Preferred Redemptions + Cale $60 milo 0%) Cass for edemption + Asational $2178 mio of preferred open o redemption at par "$105 miton - class 0 (878%) -caatie now = Ssommon™ class H (0s) catanle 272003 = $82'5mion C
Slide 4: Property Operations Improving
PROPERTY OPERATIONS ~ IMPROVING Cceupancy has increased rom 002% in January 1069 0% ins + Natrona! income per month has increased $17 mien trom Mare to $905 ron in May
Slide 5: Property Operations Improving; New Business Activities
PROPERTY OPERATIONS — IMPROVING New Engand acquaten nas moroved ‘ccrpancy sorte + BB ein Janay to 98.9% 9 Moy 1 verage rent $3,179 January to S148 May ‘Suter Calta mains sg Nita at Park La Brea scupancy has increased rm oR in January 83% in May + Average rons above $2000 per month ‘Operating focus o
Slide 6: Searchable text section of graphics shown above
Searchable text section of graphics shown above AIMCO PROPERTY OPERATIONS IMPROVING LOWERING COST OF CAPITAL -REFINANCINGS -REDEMPTIONS -ASSET SALES [GRAPHIC] AIMCO Apartment Investment and Management Company NAREIT June 2003 LIQUIDITY — ISSUED $250 MILLION TERM DEBT Improves Liquidity and Extends D