APARTMENT INVESTMENT & MANAGEMENT CO 8-K

What Happened

• Apartment Investment & Management Company (“Aimco”) filed an 8-K on February 9, 2026 announcing a $1.45 per-share liquidating distribution to be paid March 13, 2026 to shareholders of record on February 27, 2026.
• Aimco also reported progress on its Plan of Sale and Liquidation: as of February 9, 2026 it has signed agreements with four buyers to sell 12 properties at a gross price of approximately $680 million, with about $30 million of non‑refundable deposits received. Aimco provided estimated ranges for expected 2Q liquidating distributions to be funded from the net proceeds of the properties currently under contract.

Key Details

• Liquidating distribution: $1.45 per share; payment date March 13, 2026; record date February 27, 2026.
• Properties under contract: 12 properties, gross sale price ~ $680 million, ~$30 million non‑refundable deposits.
• Planned payoffs and deductions: estimates include transaction costs, property‑level debt repayment and planned payoff of roughly $110 million of construction debt and preferred equity borrowings.
• Forward-looking caution: estimated distribution ranges are based on assumptions and may not be realized; Aimco disclaims any assurance actual distributions will match estimates. Press release filed as Exhibit 99.1.

Why It Matters

• This filing signals a near-term cash return to shareholders (the $1.45/share payout) and concrete progress toward Aimco’s planned liquidation by executing large property sale agreements.
• However, the ultimate amounts available for distribution depend on completed closings, final sale proceeds, debt payoffs and transaction costs; investors should note Aimco’s caution that estimates may change and review the company’s risk disclosures for more detail.