Aimco in its strategic review process, including the $1.26 billion sales of its Boston and Miami assets

On November 10, 2025, Apartment Investment and Management Company (“Aimco”) announced the conclusion of the strategic review process it had initiated in early 2025.  This process resulted in agreements to sell Aimco’s Boston apartment portfolio and its Brickell assemblage property in Miami for gross proceeds of $1.26 billion.  Given the disparate composition of Aimco’s remaining assets and the market feedback received during its strategic review process, Aimco announced that its Board of Directors has approved a Plan of Sale and Liquidation, which provides for the voluntary liquidation and dissolution of Aimco by the sale or disposition of its remaining assets.  Effectiveness of the Plan of Sale and Liquidation is subject to approval by Aimco’s stockholders at a special meeting of stockholders expected to occur in early 2026.

Wachtell Lipton is serving as legal advisor to Aimco.