Apartment Investment and Management News

Two large apartment complexes in Dutchess County have changed hands - Chelsea Ridge in Wappinger and Hudson Harbour in the Town of Poughkeepsie.

Other than that, surprises came from a few big companies which missed earnings estimates.

Apartment Investment & Management Co. and partner GE Capital have successfully closed on the first asset from a five-unit, 1,289-unit portfolio, and accepting $15 million in the process.

Aimco Properties LP, a division of Apartment Investment and Management Co. in Denver, has sold its third apartment community in the Tampa Bay region this year.

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Less than two weeks after adding the 400-unit Westchase Forest in Houston to its portfolio, Olympus Properties strikes again.

AMID the jobless recovery, some landlords are showering flat-screen TVs, cash, rent-cuts and other incentives on tenants to encourage them to renew their apartment leases and thus avoid the expense of filling empty units.

Lower rents helped cause Apartment Investment & Management Co. of Denver to sustain a third-quarter net loss of 35 cents per share, compared to net income of $1.35 a share in earnings for the same period of 2008.

Apartment Investment and Management Co. October 30, 2009 1:00 pm ET Executives Lisa Cohn a ' EVP, General Counsel and Secretary Terry Considine a ' Chairman and CEO Tim Beaudin a ' President and COO David Robertson a ' President, Chief Investment Officer and CFO Tony Da TMAlto a ' EVP, Property Operations Ernie Freedman a ' SVP, Finance Analysts ...

Funds From Operations - FFO of $0.41 per share, before operating real estate impairments of $0.22 per share, was within the $0.36 to $0.42 per share guidance range.

FORT LAUDERDALE, FL-Apartment Investment and Management Co., one of the country's biggest multifamily investors, has sold the Harbor Town at Jacaranda complex in suburban Plantation for $27.5 million and has 13 more properties on the market statewide.

Shares of U.S. financial stocks rose on Monday morning tracking higher with broader market sentiment, but shares of North Carolina's BB&T fell after the firm said a large provision for credit losses almost halved it third-quarter profit.

Apartment vacancies have jumped to 8%. Time to invest? Forbes: Welcome to another Forbes Real Estate Stock Talk.

Hundreds of employees of Apartment Investment and Management Company are making a significant difference in their communities as part of a nationwide Community Service Day on Wednesday, October 14.

The full list is presented below: AMR Corporation Airline. No surprise here. Apartment Investment and Management Co.

Apartment Investment and Management Company announced today that David Robertson, Aimco's President, Chief Investment Officer and Chief Financial Officer, will participate in a panel presentation at the BMO Capital Markets 2009 North American Real Estate Conference to be held in Chicago.

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Ilhavo, Portugal a ' 02-09-2009 a ' SADIF Investment Analytics, announces a new summary due diligence report covering Kilroy Realty Corporation .

Aimco Properties LP , a division of Apartment Investment and Management Co. in Denver, has sold the Palencia Apartment Homes in Tampa's Carrollwood neighborhood for $23.3 million, or $55,476 per unit.

Bill Ackman lost of proxy fighting with Target. He is buying Mcdonald's Corp. . Is he looking for real estate opportunities again? Interestingly, he also bought ADP, a company without hard asset.