Apartment investment and management company announces redemption of 862,500 shares of class v cumulative preferred stock

Denver--(business wire)--apartment investment and management company (“aimco”) (nyse: aiv, aivprv) announced today that it has given notice that it is redeeming 862,500 shares (25% of the amount outstanding) of its class v cumulative preferred stock (cusip no. 03748r812) on september 6, 2011 at a redemption price per share of $25.00 plus an amount equal to accumulated and unpaid dividends thereon to the redemption date of $0.2889, for a total redemption price of $25.2889 per share. the redemption will be made pro-rata subject to rounding to the nearest whole share, based on the number of shares of preferred stock held by each holder on the redemption date. the redemption price is payable only in cash. computershare is acting as redemption agent, and may be contacted at (800) 546-5141. 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 country’s largest owners and operators of both conventional and affordable apartments, with 607 communities serving approximately 500,000 residents in 38 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.
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