Aimco is a Real Estate Investment Trust that focuses on owning and managing quality flatshares in the largest markets in the United States. Aimco is one of the largest homeowners and operators in the country with 124 municipalities in 17 states and the District of Columbia. 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. Aimco is required to complete the construction and lease of each project at Aimco`s expense and to pay a fixed monthly air rent during the term of the lease, while the total cash flow will be retained for the term of the lease. By stabilizing each property, the rent at AIR increases to reflect the stabilized value. Aimco then has the option to terminate the lease, triggering the option, but not the obligation for AIR, to acquire Aimco`s inheritance right at a price below fair value. If AIR does not exercise its call option, Aimco has the option to acquire the AIR position at its predetermined value. If you are unable to attend the live conference call, You may access the recording until December 14, 2020 by choosing 877-344-7529 or 412-317-0088 for international callers and using passcode-10147888, or you may access audio playback on Aimco`s website under investors.aimco.com. Aimco sued Airbnb in Florida and California last year, saying the site was actively promoting deliberate violations of tenants` leases. Aimco will hold a conference call on September 14, 2020 at 10:30 a.m. Eastern Time.
You may participate in the conference call via internet access via Aimco`s website at investors.aimco.com. You can also join the conference call by calling 888-317-6003 or 412-317-6061 for international callers and using the passcode 3766560. If you wish to participate, please call approximately five minutes before the start of the conference call. The two sides fought in court for most of this year after a California court ruled last year against an Aimco apartment community`s claim that Airbnb helped facilitate rental contract violations after residents complained that Airbnb users had a negative influence on the quality of life in the home. . . .
Friday, September 10th, 2021
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