Overview
Description
Apartment Investment and Management Company is a prominent real estate investment trust (REIT) that specializes in the acquisition, development, and management of apartment communities across the United States. Its primary function is to own and operate quality residential properties, maximizing returns through both property appreciation and income yield from rentals. The company's portfolio spans major urban and suburban regions, strategically focusing on areas with strong economic and demographic fundamentals that drive demand for rental housing. The company's operations impact the real estate sector by providing affordable and high-quality housing options. Apartment Investment and Management Company plays a critical role in the housing market, particularly in densely populated areas where homeownership may be less attainable. By maintaining and upgrading its real estate holdings, the company contributes to urban development and community vitality. Additionally, as a REIT, it provides investors with an opportunity to benefit from real estate investments without directly owning property, distributing a significant portion of its earnings as dividends. This structure enables it to attract a diverse range of investors seeking income generation through real estate exposure.
About
CEO
Mr. Wesley William Powell
Employees
58
Address
4582 South Ulster Street
Suite 1450
Denver, 80237-2632, CO
United States
Suite 1450
Denver, 80237-2632, CO
United States
Phone
303 224 7900
Website
Instrument type
Common stock
Sector
Real Estate
Industry
REIT - Residential
Country
Germany
MIC code
XFRA