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Apartment Investment and Management Company Files Registration Statement and Updated Prospectus Supplement for Existing at the

^{Published on 2011-04-14 16:45:20 - Market Wire}
 

DENVER--([ BUSINESS WIRE ])--Apartment Investment and Management Company (aAimcoa) (NYSE: AIV) announced today that it filed an automatic shelf registration statement for Aimco and AIMCO Properties, L.P. (the aOPa), which was filed to replace the existing shelf registration statement expiring this month. In connection with the new shelf registration statement, Aimco filed a new prospectus supplement relating to its existing At-the-Market (aATMa) offering program. Although the new shelf facilitates equity and debt offerings by Aimco or the OP, at the present time neither has any plans for any such offering other than the existing ATM offering program. The existing ATM program originally provided for Aimco to sell up to seven million shares of its common stock from time to time, of which 2.1 million shares have been sold and 4.9 million shares remain available for sale thereunder. The sales, if any, would be made in aat the marketa offerings, as defined in Rule 415 of the Securities Act, including privately negotiated transactions.

You may obtain a copy of the registration statement (which includes the prospectus) and the prospectus supplement referred to above for free by visiting EDGAR on the SEC website at [ www.sec.gov ]. Alternatively, Aimco or any of the sales agents participating in the ATM offering program will arrange to send you the prospectus, including the related prospectus supplement, if you request it by calling KeyBanc Capital Markets toll-free at (800) 859-1783, BofA Merrill Lynch toll-free at (866) 500-5408 or Wells Fargo Securities toll-free at (800) 326-5897.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of Aimcoa™s Class A Common Stock in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

Aimco is a real estate investment trust that is focused on the ownership and management of quality apartment communities located in the 20 largest markets in the United States. Aimco is one of the countrya™s largest owners and operators of both conventional and affordable apartments, with 768 communities serving approximately 500,000 residents in 43 states, the District of Columbia and Puerto Rico. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500. For more information about Aimco, please visit our website at [ www.aimco.com ].