|Bid||40.10 x 800|
|Ask||41.78 x 800|
|Day's range||41.03 - 41.58|
|52-week range||39.06 - 55.82|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||8.77|
|Earnings date||27 July 2022 - 01 Aug 2022|
|Forward dividend & yield||1.80 (4.46%)|
|Ex-dividend date||19 May 2022|
|1y target est||52.44|
DENVER, June 21, 2022--(NYSE: AIV) - Apartment Investment and Management Company ("Aimco") has executed definitive agreements with AIR Communities ("AIR") that will result in more than $100 million of realized value creation for Aimco shareholders, eliminate the $469 million obligation related to the four leased properties from AIR, and lead directly to the refinance or repayment of nearly $1 billion of debt.
DENVER, June 21, 2022--Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) today announced that it has reached agreement with Apartment Investment and Management Company ("Aimco") to cancel existing leases at four properties owned by AIR and leased to Aimco for the purpose of their development. With the developments largely complete, the two companies negotiated an early termination of the leases for a negotiated payment of $200 million.
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