| Business Summary | | Apartment
Investment
&
Management
Company
(AIMCO),
together
with
its
consolidated
subsidiaries
and
other
controlled
entities,
is
a
self-administered
and
self-managed
real
estate
investment
trust
engaged
in
the
ownership,
acquisition,
redevelopment,
expansion
and
management
of
multifamily
apartment
properties.
As
of
December
31,
2000,
AIMCO
owned
or
managed
326,289
apartment
units
in
1,720
properties
located
in
47
states,
the
District
of
Columbia
and
Puerto
Rico.
As
of
December
31,
2000,
AIMCO
owned
or
controlled
(consolidated)
153,872
units
in
566
apartment
properties,
held
an
equity
interest
in
(unconsolidated)
111,748
units
in
683
apartment
properties
and
managed
60,669
units
in
471
apartment
properties
for
third-party
owners
and
affiliates. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Apartment
Inv.
and
Mgt
Co.
is
a
RE
investment
trust
(REIT)
engaged
in
the
ownership,
acquisition,
development,
expansion
and
management
of
multi-family
apartment
properties.
For
the
six
months
ended
6/30/01,
revenues
rose
47%
to
$744
million.
Net
income
applicable
to
Common
fell
61%
to
$3.4
million.
Revenues
reflect
increased
same
store
property
results
and
the
acquisition
of
new
properties.
Earnings
were
offset
by
higher
property
management
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Terry Considine, 54 Chairman
and CEO | $275K | $1.3M | Peter Kompaniez, 56 Vice
Chairman and Pres | 235K | 70K | Paul McAuliffe, 44 CFO,
Exec. VP | 1.4M | -- | Miles Cortez, 57 Exec.
VP, Gen. Counsel, Sec. | -- | -- | Joseph DeTuno, 56 Exec.
VP, Redevelopment | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|