Aimco (AIV) Tops Q2 EPS by 24c
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Aimco Reports Second Quarter 2020 Results
August 3, 2020 4:23 PM EDTDENVER--(BUSINESS WIRE)-- Apartment Investment and Management Company (Aimco) (NYSE: AIV) announced today second quarter results for 2020.
Chairman and Chief Executive Officer Terry Considine comments: The second quarter 2020 economic contraction was the most abrupt and most severe in US history. The resilient Aimco business absorbed the financial blow and is now recovering from the shock of the pandemic and the lockdown of the economy. In mid-March, the pace of Aimco leasing was cut in half. Ten weeks later at the end of May, we were behind plan by 1,000 new leases. In June and July,... More
