AIV

Aimco Reports Fourth Quarter Results, Establishes 2024 Guidance, and Provides Highlights on Recent and Planned Activities

Retrieved on: 
Thursday, February 22, 2024

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today fourth quarter results for 2023, established 2024 guidance, and provided highlights on recent and planned activities.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today fourth quarter results for 2023, established 2024 guidance, and provided highlights on recent and planned activities.
  • During the fourth quarter, average daily occupancy increased to 97.5% and revenue per home was up 6.7% year-over-year.
  • Aimco acquired 1.4 million shares of its common stock during the fourth quarter 2023 at an average cost of $6.75 per share.
  • For the full year 2023, Aimco acquired 6.2 million shares at an average price of $7.33 per share.

National Storage Affiliates Trust Announces the Appointment of Lisa R. Cohn to the Board of Trustees

Retrieved on: 
Thursday, February 15, 2024

National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced the Company has appointed Lisa R. Cohn to its Board, effective February 15, 2024.

Key Points: 
  • National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced the Company has appointed Lisa R. Cohn to its Board, effective February 15, 2024.
  • Ms. Cohn graduated cum laude with her law degree from Harvard Law School and graduated with honors and distinction with an undergraduate degree in public policy from Stanford University.
  • Ferguson Partners, a firm specializing in Board and executive recruitment in the REIT industry, advised NSA’s Board in this recruitment effort.
  • NSA management is scheduled to participate in Citi’s 2024 Global Property CEO Conference on March 3-6, 2024 in Hollywood, Florida.

Aimco Announces Fourth Quarter 2023 Earnings Date

Retrieved on: 
Wednesday, February 7, 2024

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 fourth quarter results on Thursday, February 22, 2024, after the market closes.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 fourth quarter results on Thursday, February 22, 2024, after the market closes.
  • The Company’s earnings release will be available in the Investor Relations section of its website at investors.aimco.com .

Doosan Robotics Unveils Cutting-Edge Innovations at CES 2024, Paving the Way for the Democratization of Robots

Retrieved on: 
Tuesday, January 9, 2024

LAS VEGAS, Jan. 8, 2024 /PRNewswire/ -- Doosan Robotics Inc., one of the world's leading collaborative robot (cobot) manufacturers, is set to revolutionize the robotics industry at CES® 2024 in its unveiling of cutting-edge cobots and AI technologies under the cohesive theme: Think. Sync. Link. Doosan Robotics is exhibiting between January 9-12 at West Hall - Booth 5941 at the Las Vegas Convention Center.

Key Points: 
  • Doosan Robotics is exhibiting between January 9-12 at West Hall - Booth 5941 at the Las Vegas Convention Center.
  • Earlier today, Doosan Robotics presented at its first-ever CES media day, signifying a future where AI empowers cobots to be in perfect sync with humans, seamlessly integrating a cohesive, safe and innovative ecosystem.
  • Driving Doosan Robotics' versatility within the robotics field is its introduction of Dart-Suite , a next generation robot ecosystem redefining the robot experience.
  • Doosan Robotics is showcasing within Doosan Group's exhibit located in the West Hall - Booth 5941 at the Las Vegas Convention Center from January 9-12, 2024.

Aimco Announces Third Quarter 2023 Earnings Date

Retrieved on: 
Wednesday, October 25, 2023

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 third quarter results on Monday, November 6, 2023, after the market closes.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 third quarter results on Monday, November 6, 2023, after the market closes.
  • The Company’s earnings release will be available in the Investor Relations section of its website at investors.aimco.com .

AIR Communities Helps Raise $529,000 For Military and Educational Causes in 20th Annual Golf Classic

Retrieved on: 
Wednesday, September 20, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230920954074/en/
    AIR Executive Vice President Emeritus Miles Cortez joins Project Sanctuary and TAPS leadership at the AIR Gives + Aimco Cares Charity Golf Classic.
  • AIR also supports Project Sanctuary, which helps military families reconnect after a soldier returns from overseas duty.
  • To celebrate the tournament’s 20th anniversary, AIR Communities invited residents to participate in the event through a “Golf Getaway for a Cause” prize drawing.
  • “As a happy Indigo resident for the last three years, I was thrilled to be invited to AIR’s 20th annual golf classic,” said Amit.

ALUMOBILITY OUTLINES 8 REASONS WHY ALUMINUM IS THE MATERIAL OF THE FUTURE FOR AUTOMAKERS

Retrieved on: 
Wednesday, September 6, 2023

ZURICH, Sept. 6, 2023 /PRNewswire/ -- One of the most important reasons the use of aluminum is rapidly gaining traction in the automotive industry is because aluminum has one-third the density of steel, according to Alumobility's recent white paper: When it Comes to Aluminum, Less is More. When comparing two identical vehicles with equal stiffness and load-carrying capacity-- one made of aluminum, the other of steel--the aluminum vehicle body will be up to 45% lighter, which provides many advantages that will affect the future of the automotive industry.

Key Points: 
  • ICE vehicles manufactured from aluminum have better mileage, consume less fuel and produce less emissions.
  • Because electric vehicle batteries can weigh as much as 2000 pounds, automakers are embracing the lightweighting benefits of aluminum as the market shifts to electrification.
  • Since vehicles are manufactured with 600 kg or less of aluminum for every metric ton of steel, the energy savings of aluminum are noteworthy.
  • As outlined, infinitely recyclable, lightweight aluminum provides clearly defined advantages demonstrating its superiority as the material of the future for mobility.

Aimco Announces Second Quarter 2023 Earnings Date

Retrieved on: 
Monday, July 24, 2023

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 second quarter results on Monday, August 7, 2023, after the market closes.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 second quarter results on Monday, August 7, 2023, after the market closes.
  • The Company’s earnings release will be available in the Investor Relations section of its website at investors.aimco.com .

Alumobility to Reveal Study Findings that Showcase Benefits of Converting Steel Intensive Vehicle Body in White to Fully Aluminum

Retrieved on: 
Tuesday, June 27, 2023

ZURICH, June 27, 2023 /PRNewswire/ -- Alumobility, a global association committed to helping advance the adoption of aluminum by automakers, is presenting a webinar that reveals the benefits of converting a steel-intensive body-in-white (BIW) to a fully aluminum BIW. The presentation is based on a recent technical case study conducted by the association.

Key Points: 
  • ZURICH, June 27, 2023 /PRNewswire/ -- Alumobility, a global association committed to helping advance the adoption of aluminum by automakers, is presenting a webinar that reveals the benefits of converting a steel-intensive body-in-white (BIW) to a fully aluminum BIW.
  • The presentation is based on a recent technical case study conducted by the association.
  • "Our goal is to inform the automotive industry on the benefits of aluminum, which is the material of choice for producing lighter, safer, smarter and more sustainable vehicles."
  • The study was conducted in conjunction with a leading global automaker, using one of its latest steel intensive mixed material production battery electric vehicles (BEV) BIW structures.

Aimco Closes on Partial Sale of Parkmerced Mezzanine Loan and Announces Amended Agreement for Sale of Remaining Investment

Retrieved on: 
Friday, June 23, 2023

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today it has closed on the sale of a 20%, non-controlling position in its Parkmerced mezzanine loan investment for $33.5 million.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today it has closed on the sale of a 20%, non-controlling position in its Parkmerced mezzanine loan investment for $33.5 million.
  • Pursuant to the terms of the amended agreement, the purchaser will have the option to acquire the remaining 80% for an additional $134 million plus interest accruing at no less than 19% annually through May 2024.
  • Separately, Aimco monetized its associated interest rate swaption for $54 million and invested the proceeds in a short-term treasury instrument as an ongoing hedge of the Parkmerced mezzanine loan investment.
  • “This partial sale and amended agreement represent significant progress towards Aimco’s goals to reduce exposure to west coast markets and passive investments.