AIV

Aimco Reports First Quarter Results and Provides Recent Highlights

Retrieved on: 
Thursday, May 4, 2023
Residential Building & Real Estate, Construction & Property, Professional Services, Finance, Aurora, Faculty, Net, Benson, Opportunism, Anschutz Medical Campus, University, AIV, Parkmerced, San Francisco, Washington Metro, Stock dilution, Grosvenor–Strathmore station, 34th Street, National Air Communications, Benson Hotel, Front Range, National Institute of Price Stabilization, Waste Management (company), Hamilton, Sale, Children's Hospital Colorado, U.S. Route 1 in Florida, Broward Boulevard, Documentation, Rocky Mountains, Investment, AIR, Risk, Fortification, NOI, Hamilton Community Foundation, NYSE, TSR, Commercial property, Bank, Security (finance), Property management, Aimco

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today first quarter results for 2023 and provided highlights on recent activities.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today first quarter results for 2023 and provided highlights on recent activities.
  • “The Aimco board and management team remain committed to maximizing and unlocking value for Aimco shareholders.
  • Aimco expects to deliver the first homes in the third quarter with pre-leasing efforts having begun in the first quarter of 2023.
  • Aimco’s operating properties produced solid results for the quarter ended March 31, 2023.

Alumobility Study Illustrates Why Last Mile Delivery Vehicle (LMDV) Fleets Should be Comprised of Aluminum-Intensive Vehicles

Retrieved on: 
Tuesday, May 2, 2023
U.S. Department of Energy, Office of Inspector General, Energy policy of the European Union, Maintenance, EV, U.S. Department of Defense Strategy for Operating in Cyberspace, AIV, Aluminium, ICE, Multimedia, Steel, Carbon, LCD, BEV, ABS, Corrosion, Risk, Energy efficiency, CO2, Greenhouse, Air pollution, Recycling

ZURICH, May 2, 2023 /PRNewswire/ -- Alumobility, a global association committed to helping advance the adoption of aluminum by automakers, announced that a new study shows that aluminum-intensive Last Mile Delivery Vehicles (LMDVs) provide significant lightweighting and cost-saving benefits as well as reducing carbon footprint. As e-commerce continues to grow, the logistics industry is planning to introduce sizable LMDV fleets and turning to aluminum as the ideal material to meet the needs of the marketplace, taking into account costs, sustainability targets and performance.

Key Points: 
  • Aluminum-intensive vehicles require less battery capacity and less motor power to achieve the same performance as steel counterparts, whether conventional ICE vehicles or EV/BEV.
  • In fact, a 10 percent reduction in vehicle weight can result in a 6-8 percent reduction improvement in fuel economy.
  • Furthermore, the total cost of ownership of an aluminum-intensive EV/BEV vehicle is lower than a steel ICE or EV/BEV vehicle.
  • Working with global automakers, Alumobility is helping to fulfill the promise of a lighter, more efficient, more sustainable mobility future.

Aimco Announces First Quarter 2023 Earnings Date

Retrieved on: 
Friday, April 28, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Investment, AIV, Aimco, NYSE, Western Asset Management Company, Rare-earth element, Cryptocurrency

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 first quarter results on Thursday, May 4, 2023, after the market closes.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 first quarter results on Thursday, May 4, 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.

Aimco Implements Governance Enhancements

Retrieved on: 
Thursday, April 27, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, AIV, Section, Association management company, Annual general meeting, Form, Aimco, Investment, NYSE, Holding company, By-law

Apartment Investment and Management Company (NYSE: AIV) (“Aimco” or the “Company”) today announced that its Board of Directors has approved amendments to the Company’s Bylaws implementing the governance enhancements previously disclosed in November 2022.

Key Points: 
  • Apartment Investment and Management Company (NYSE: AIV) (“Aimco” or the “Company”) today announced that its Board of Directors has approved amendments to the Company’s Bylaws implementing the governance enhancements previously disclosed in November 2022.
  • The Bylaws amendments will become effective in connection with the Company’s 2023 Annual Meeting of Stockholders (“2023 Annual Meeting”), which has been scheduled for September 29, 2023.
  • R. Dary Stone, Chairman of the Board, stated, “Aimco remains committed to ongoing engagement and responsiveness to stockholders.
  • The actions taken by our Board deliver on the governance commitments announced last year and will advance Aimco’s efforts to drive value for stockholders.”
    Additional information regarding the Bylaw amendments are contained in the Form 8-K filed today by Aimco with the U.S. Securities and Exchange Commission.

Land & Buildings Issues Letter to Aimco Board Calling for Sale Process

Retrieved on: 
Tuesday, April 18, 2023
Professional Services, Other Construction & Property, Residential Building & Real Estate, Finance, Construction & Property, REIT, Morgan Stanley, Department of Lands building, Housing, Failure, AIV, NAV, Waste Management (company), Building, Sale, Annual general meeting, NYSE, Financial adviser, Security (finance), Aimco

Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”, “us” or “we”), a large shareholder of Apartment Investment and Management Company (NYSE: AIV) (“Aimco” or the “Company”), today issued an open letter to the Company’s Board of Directors (the “Board”).

Key Points: 
  • Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”, “us” or “we”), a large shareholder of Apartment Investment and Management Company (NYSE: AIV) (“Aimco” or the “Company”), today issued an open letter to the Company’s Board of Directors (the “Board”).
  • While we note the recent appointment of Sherry L. Rexroad to the Board following the resignation of Terry Considine, we believe more action is needed.
  • Aimco must run a full public strategic review process to evaluate all potential alternatives – including a sale – to deliver value for shareholders.
  • Land & Buildings Investment Management, LLC
    View source version on businesswire.com: https://www.businesswire.com/news/home/20230418005466/en/

Aimco Appoints Sherry L. Rexroad to Board of Directors

Retrieved on: 
Monday, March 27, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, AIV, Compensation, Business, Western Asset Management Company, Real estate investment trust, Annual general meeting, Store Capital, Investment, NYSE, Management, Aimco, Social

Apartment Investment and Management Company (NYSE: AIV) (“Aimco” or the “Company”) today announced that it has appointed Sherry L. Rexroad to its Board of Directors, effective immediately.

Key Points: 
  • Apartment Investment and Management Company (NYSE: AIV) (“Aimco” or the “Company”) today announced that it has appointed Sherry L. Rexroad to its Board of Directors, effective immediately.
  • Ms. Rexroad has been appointed to Aimco’s Audit, Compensation and Human Resources, Investment, and Nominating, Environmental, Social, and Governance Committees.
  • Mr. Stone continued, “On behalf of the Board, we thank Bob for his contributions and commitment to Aimco and to its shareholders.
  • Aimco and the members of its Board have been honored by their association with Bob and are grateful for his service and expertise.”

Virax Biolabs Group Limited Introduces Avian Influenza A Virus Real-Time PCR Test Kit

Retrieved on: 
Tuesday, March 7, 2023
H3, Poultry, Infection, H10, PCR, Diagnosis, Influenza A virus, H7N9, AIV, European, H5N1, Human, Livestock, Virus, Viral, CE, Vaccine, H5, H7

LONDON, March 7, 2023 /PRNewswire/ -- Virax Biolabs Group Limited ("Virax" or the "Company") (Nasdaq: VRAX), an innovative diagnostics company focused on the prevention, detection, and diagnosis of viral diseases, announced today that it has entered into an agreement for the distribution of an Avian Influenza A Virus ("AIV") real-time PCR test kit to markets accepting the CE mark, namely the European Union.

Key Points: 
  • LONDON, March 7, 2023 /PRNewswire/ -- Virax Biolabs Group Limited ("Virax" or the "Company") (Nasdaq: VRAX), an innovative diagnostics company focused on the prevention, detection, and diagnosis of viral diseases, announced today that it has entered into an agreement for the distribution of an Avian Influenza A Virus ("AIV") real-time PCR test kit to markets accepting the CE mark, namely the European Union.
  • The test kit is for the detection and differentiation of ribonucleic acid from AIV and the H5, H7 and H9 subtypes, including the H5N1 strain currently spreading in Europe.
  • The test kit is for use in laboratory settings and can help healthcare professionals accurately identify an AIV infection.
  • With a real-time PCR test kit poised to accurately and reliably detect AIV, including the deadly H5N1 strain, we expect to facilitate rapid and potentially life-saving interventions especially in vulnerable jurisdictions."

Aimco Provides Recent Highlights and Fourth Quarter Financial Results

Retrieved on: 
Tuesday, February 21, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Aurora, AIR, Waste Management (company), Hamilton Community Foundation, National Institute of Securities Markets, Brickell, University, Investment, Hamilton, NYSE, Partnership, TSR, Risk, Opportunism, AIV, National Air Communications, Stock dilution, Growth, Benson Hotel, Faculty, Washington Metro, Anschutz Medical Campus, Environment, Front Range, Alaska Permanent Fund, Benson, Geography, Children's Hospital Colorado Foundation, Sale, NOI, Grosvenor–Strathmore station, Rocky Mountains, Holding company, Airline, Commercial property, Retail, Natural gas, Renewable energy, Cryptocurrency, Bank, Property management, Fine chemical, Video game, Aimco

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today fourth quarter and full year results for 2022 and provided highlights on recent activities and an outlook for 2023.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today fourth quarter and full year results for 2022 and provided highlights on recent activities and an outlook for 2023.
  • In the fourth quarter, Aimco and its joint venture partner began construction on the 220-apartment home development at Strathmore Square in Bethesda, Maryland.
  • Aimco plans to start pre-leasing Upton’s 689 apartment homes during the summer of 2023 in anticipation of initial delivery in the fourth quarter of 2023.
  • Aimco expects to deliver the first homes in the third quarter with pre-leasing efforts having begun in the first quarter of 2023.

Aimco Announces Fourth Quarter 2022 Earnings Date

Retrieved on: 
Wednesday, February 15, 2023
Construction & Property, Residential Building & Real Estate, Investment, Aimco, NYSE, AIV, Western Asset Management Company, Cryptocurrency

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2022 fourth quarter results and provide an outlook for 2023 on Tuesday, February 21, 2023, after the market closes.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2022 fourth quarter results and provide an outlook for 2023 on Tuesday, February 21, 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.

Aimco Announces the Resignation of Terry Considine from its Board of Directors

Retrieved on: 
Monday, February 13, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Investment, AIR, NYSE, Letter, AIV, Zimele Asset Management Company Limited, Security (finance), Management, Aimco

Apartment Investment and Management Company (NYSE: AIV) (“Aimco” or the “Company”) announced today that Mr. Terry Considine has resigned from its board of directors.

Key Points: 
  • Apartment Investment and Management Company (NYSE: AIV) (“Aimco” or the “Company”) announced today that Mr. Terry Considine has resigned from its board of directors.
  • Serving as Chairman and CEO, Mr. Considine grew Aimco into the nation's largest owner and operator of apartment homes by 1999.
  • In December 2020, Mr. Considine and the Aimco board led the creation and spin-off of Apartment Income REIT Corp. (“AIR”), where Mr. Considine currently serves as CEO.
  • Mr. Considine wrote Sunday in a letter to Aimco Chairman of the Board Dary Stone: “‘New Aimco’ has done well.