Aimco (AIV) Tops Q1 FFO by 2c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. RNG
2. DECK
3. WDC
4. BMY
5. BYD
6. WCN
7. SPOT
8. SPY
9. FIX
10. TSCO

Go back to Aimco (AIV) Tops Q1 FFO by 2c

Aimco Reports First Quarter Results, Raises 2016 Guidance

April 28, 2016 4:17 PM EDT

DENVER--(BUSINESS WIRE)-- Apartment Investment and Management Company (Aimco) (NYSE: AIV) announced today results for first quarter 2016.

Chairman and Chief Executive Officer Terry Considine comments: Aimco enjoyed a solid first quarter. Operating results were ahead of guidance with accelerating revenue growth and good cost control. New and renewal lease rates increased at a greater rate in first quarter 2016 than they did in first quarter 2015. Portfolio quality improved with average monthly revenue per apartment home now exceeding $1,860. Construction continues at two phased redevelopments in Center City Philadelphia: Park Towne Place and The Sterling. The Aimco... More