Aimco (AIV) Reports Q1 FFO of $0.67

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Go back to Aimco (AIV) Reports Q1 FFO of $0.67

Aimco Reports First Quarter 2020 Results

May 7, 2020 5:14 PM EDT

Same Store NOI up 5.0%
AFFO up 9%
FFO up 10%

DENVER--(BUSINESS WIRE)-- Apartment Investment and Management Company (Aimco) (NYSE: AIV) provided today a COVID-19 update and announced first quarter results for 2020.

Chairman and Chief Executive Officer Terry Considine comments: The Aimco business began the year with record effectiveness and record profitability. In mid-March, as you all know, the world changed. A famous observation goes: There are decades when nothing happens; and there are weeks when decades happen. The last few weeks of March were a time when it seemed that... More