Apartment Investment and Management (NYSE:AIV) (NYSE: AIV), commonly known as Aimco, is a real estate investment trust (REIT) specializing in the ownership, management and development of multifamily residential communities. The company’s core business activities include the acquisition and renovation of apartment properties, the management of leasing operations, and the enhancement of resident services to drive long-term occupancy and rental income. Aimco’s vertically integrated platform allows for in-house property management, leasing, maintenance and capital improvements, ensuring consistent operational oversight across its portfolio.
As of recent years, Aimco’s portfolio comprises more than 300 multifamily communities, representing over 60,000 apartment units across 24 U.S. states. The company focuses on primary and select secondary markets where strong demographics, employment growth and housing supply-demand dynamics support stable occupancy levels. Aimco’s geographic footprint spans key urban centers and suburban locations, with significant concentrations in the Western and Sun Belt regions, as well as strategic holdings in the Mid-Atlantic and Midwest.
Founded in 1994 through the spin-off of residential assets from GMAC, Aimco has grown through disciplined capital allocation, selective development projects and targeted acquisitions. Over its history, the company has executed multiple equity offerings, joint ventures and asset dispositions to optimize its portfolio mix and enhance shareholder value. Aimco’s development pipeline includes ground-up projects and value-add renovations aimed at meeting evolving resident preferences for modern amenities, sustainability features and digital engagement tools.
Headquartered in Denver, Colorado, with additional offices in New York City, Aimco is led by Chief Executive Officer Robert J. Mylod Jr., who oversees strategic direction, capital markets activities and operational performance. Chief Financial Officer Matthew E. O’Toole directs financial planning, reporting and investor relations. Under their leadership, Aimco emphasizes a long-term, risk-adjusted approach to growth, with a focus on operational efficiency, portfolio optimization and enhancing the resident experience.
