OUR HISTORY

For more than 25 years, Aimco has built its business around a relentless focus on the customer and an award-winning culture. Aimco went public in July 1994 and grew quickly, nearly doubling in size every 18 months for eight years. By the early-2000s, Aimco was one of the largest owners and operators of apartment homes in the country, including one of the largest providers of affordable housing. Aimco has won awards for its customer service, amenities, historic preservation, and intentional culture. To mark the 10th anniversary of becoming a publicly traded company, Aimco formalized its philanthropic activities as Aimco Cares – to give back to the communities where it does business.  

History Block 2015-Present

2020
Aimco received its eighth Top Workplace in Colorado award.  
 

2019
Aimco celebrated 25 years as a publicly traded company by ringing the opening bell at the New York Stock Exchange.  

Aimco was named a Top Workplace in Colorado for the seventh consecutive year.  
 

2018
Aimco is once again named a Colorado Top Workplace, one of only eight companies to do so for six consecutive years.
 

2017
Aimco earns a Colorado Top Workplace designation for the 5th year in a row.
 

2016
Aimco is named one of Colorado's Top Workplaces by the Denver post for the 4th year in a row.
 

2015
Aimco is named one of Colorado's Top Workplaces by the Denver post for the 3rd year in a row.

The Aimco team creates the company’s Customer Service Philosophy ensuring team members will do whatever it takes to make residents feel at home. Aimco develops a guide and makes a video explaining the importance of interactions with internal and external customers being welcoming, consistent, responsive, trusted and exceptional. 

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History Block 2010-2014

2014
Aimco is named one of Colorado's Top Workplaces by the Denver Post for the 2nd year in a row.

Aimco celebrates its 20th anniversary as a public company. A year-long celebration is planned across the nation.
 

2013
The Aimco team develops the company's Cultural Attributes, bringing Aimco's core values to life, and serving as a roadmap for a positive, productive and successful work environment. Aimco provides the Values & Culture guide to all team members and produces a video detailing the Aimco culture from an employee point of view.

Aimco is named one of Colorado's Top Workplaces by the Denver Post.

2011
Aimco launches a new brand identity to reflect a more contemporary “look and feel” and to reflect an enhanced focus on customer service.
 

2010
The annual Aimco Cares Charity Golf Classic realizes its one millionth dollar raised for worthy causes in seven years of the tournament.

 

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History Block 2009-2014

2007
Aimco receives top honors from the National Affordable Housing Management Association for having the greatest number of affordable communities named “Communities of Quality.” Aimco has since received this award in 2008, 2009 and 2010.

Aimco intensifies its focus on portfolio quality, executing dispositions with the goal of retaining high quality B/B+ properties in 20 key markets.

2006
Aimco reaches $1 billion in revenue.
 

2004
To mark the 10th anniversary of becoming a publicly traded company, Aimco forms a philanthropic arm – Aimco Cares to give back to the communities where it does business. Each employee is given 10 hours of paid time annually to volunteer for charitable causes.
 

2002
Aimco acquires additional properties with more than 17,000 units from Casden Company and purchases more than 4,000 apartments from the Flatley portfolio, based in the Boston area.
 

2000
Aimco acquires the Oxford portfolio, bringing the company to a total of 326,259 apartment homes under management.

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History Block 1990-1999

1998
Aimco becomes the largest owner-operator of multi-family housing in the country, as a result of its portion of the Ambassador and Insignia portfolio acquisition.
 

1997
Aimco increases by 8,175 apartments with the purchase of Winthrop. Also acquires NHP Incorporated, the country’s second largest management company, headquartered in Vienna, Virginia. The NHP portfolio adds 534 market-rate and affordable properties (87,659 apartments) to Aimco's holdings.
 

1996
Acquires the Walters Management Company in San Diego and the J.W. English Company in Houston. Purchases a portion of the general partnership of Balcor Asset Management, adding 67 properties and three states to the Aimco portfolio.
 

1994
P.A.M. officially becomes Apartment Investment and Management Company (Aimco), which joins the public stock market in July. Offered to the public as a REIT, traded under the symbol (AIV).

At the formation of Aimco as a public Company, Aimco acquires PDI Realty Enterprises, owned by Peter Kompaniez, which controls a dozen apartment complexes and a portfolio of commercial properties.

Later that year, acquires Homecorp, a management company based in Montgomery, Alabama which manages 5,300 properties predominantly in the Southeastern part of the United States.
 

1990
The entire company becomes known as Property Asset Management. P.A.M. acquires the Texas-based company SBC/Breunig Commercial and opens a regional office in Dallas.

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History Block 1975-1989

1988
Cairn purchases Property Asset Management (P.A.M.), a Florida-based company. Cairn opens a regional operating center in Tampa, Florida under the P.A.M. name.

1987
The Real Estate arm of the Cairn Company acquires McDermott, Stein & Ira, and becomes one of the largest fee management companies in the country.

1975
Terry Considine forms The Considine Company to conduct his businesses, including venture capital, LBOs, and Real Estate. It will be renamed the Cairn Company.

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