Aimco Reports First Quarter Results, Raises 2016 Guidance

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
Source: BusinessWire-Primary

Aimco Reports First Quarter Results, Raises 2016 Guidance