Aimco Swings to $300.5M Q4 Profit, Approves $1.45/share Liquidation Distribution
Aimco delivered Q4 net income of $300.5 million ($2.08/share) on $34.6 million revenue, swinging to a $554 million annual profit ($3.87/share) on $138.5 million full-year revenue. Stockholders approved a Plan of Sale and Liquidation, closed $178 million of properties and received an initial $1.45/share liquidating distribution against an estimated $5.75–$7.10 total.
1. Q4 and Full-Year Financial Results
Apartment Investment and Management Company reported fourth-quarter net income of $300.5 million, or $2.08 per share, on $34.6 million of revenue, compared with a loss in the year-ago period. For full year 2025, net income reached $554 million ($3.87 per share) on revenue of $138.5 million.
2. Strategic Asset Sales and Portfolio Management
During 2025, the company closed $1.26 billion in strategic asset sales, including a $520 million Brickell Assemblage sale and a $250 million suburban Boston property, while retiring over $435 million of debt and distributing $420 million in special dividends. In early 2026, three properties sold for $178 million and ten properties are under contract for $510 million.
3. Plan of Sale and Liquidation and Distributions
On February 6, shareholders approved a Plan of Sale and Liquidation focused on maximizing returns through asset monetization. The board declared an initial liquidating distribution of $1.45 per share payable March 13, with total distributions projected between $5.75 and $7.10 per share as remaining properties are sold.