for the auto parts brand see affinia group . for the fund manager see alberta investment management corporation . this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . june 2011 learn how and when to remove this template message apartment investment and management company type public s & p 500 component traded as nyse aiv industry real estate investment trust founded 1975 as the considine company inc. 1994 merged with property asset management & pdi inc. founder terry considine headquarters denver colorado u.s. area served united states puerto rico key people terry considine chairman & ceo products apartment homes revenue us 981.3 million 2015 1 operating income us 256.2 million 2015 net income us 271.9 million 2015 total assets us 6.144 billion 2015 total equity us 1.763 billion 2015 number of employees 1 625 website aimco.com aimcoapartments.com aimco or apartment investment management company is one of the largest owners and operators of apartment communities in the united states . the company is headquartered in denver colorado . the company owns or has investments in 196 communities serving 250 000 residents in 22 states and the district of columbia . 1 aimco s key markets include los angeles seattle philadelphia south florida atlanta chicago suburban new york new jersey san jose orange county california manhattan denver east bay san diego phoenix washington northern virginia maryland san francisco and boston . aimco s business model focuses on the redevelopment of older market rate apartment communities in premiere locations . since 2005 aimco has invested 1.5 billion in the redevelopment of 220 conventional properties . in 2009 aimco completed renovations to van nuys apartments a historic structure built in 1911 . this redevelopment has secured affordable housing for senior and disabled residents for the next 55 years and has anchored a revitalization of its surrounding los angeles neighborhood . 2 contents 1 history 1.1 acquisitions 2 corporate culture 3 management 4 philanthropy 5 environmental initiatives 6 references 7 external links history edit aimco was founded by terry considine who currently serves as chairman and ceo . 3 aimco went public via an initial public offering in 1994 . 3 aimco was first included in the s & p 500 in 2003 . acquisitions edit in 1994 aimco acquired homecorp a management company with 5 300 units based in montgomery alabama . 3 in 1996 aimco acquired walters management company based in san diego california . 4 aimco also acquired the j.w. english company in houston texas . aimco also purchased a portion of the general partnership of balcor asset management resulting in the addition of 67 properties in three states . in october 1997 aimco acquired 8 175 apartment units from winthrop . 5 in may of that year aimco acquired national housing partnership incorporated then the country s second largest management company headquartered in vienna virginia . the nhp acquisition added 534 conventional and affordable properties with 87 659 apartments to aimco . nhp is a congressionally chartered affordable housing company . in 1998 aimco acquired insignia in a 910 million transaction . the company then owned or managed 391 891 apartment units in 2 163 apartment communities . 6 in 2002 aimco acquired casden properties founded by alan casden . the 1.5 billion acquisition included 17 383 apartments including 6 356 conventional apartment units located in southern california and 11 027 affordable apartment units in 25 states . 7 corporate culture edit in 2013 aimco released its values and culture guide 8 detailing the ways the company s core values influence the culture at aimco including owning it valuing relationships and living with gusto . in addition aimco was named one of the denver post s top workplaces in colorado in 2013 2014 and 2015 . 9 10 management edit ceo terry considine evp general counsel and secretary lisa r. cohn evp and chief administrative officer miles cortez evp securities and debt ; treasurer patti k. fielding evp and chief financial officer ernest m. freedman evp property operations keith m. kimmel evp and chief investment officer john e. bezzant philanthropy edit aimco cares which was started in 2004 encourages each team member to spend ten aimco paid hours a year to volunteer in meaningful activities . in 2014 aimco team members volunteered thousands of hours giving back to community organization and causes ; 145 events in total . to help meet the needs of the military and their families aimco has raised more than 2.93 million from participants and sponsors at the aimco cares charity golf classic nearly 400 000 in 2014 alone and distributed the funds to worthy non profit organizations tragedy assistance program for survivors which provides support services to families of fallen soldiers ; project sanctuary which offers family retreats that offer a constructive and unique way for our nation s heroes to reconnect with loved ones and readjust to life at home and the national leased housing association which in partnership with aimco provides college scholarships to students living in affordable housing . aimco also has a number of philanthropic programs geared towards aiding its employees and their families ; including education reimbursement for its team members college scholarships for its team members children aimco has given out 491 college scholarships since 2006 and its employee assistance program which provides counseling and network of referral services for team members with challenging personal issues . aimco s aimco cares 4u program also provides short term funds to help colleagues weather tough times and get back on their feet . environmental initiatives edit according to page 13 of the company s 2014 corporate citizenship report the company has introduced lighting hvac and irrigation systems that have positive environmental and economic impacts . references edit a b aimco reports fourth quarter 2015 results provides 2016 guidance . business wire . february 4 2016 . newly landmarked van nuys to get a 42 million update . blogdowntown . 2008 01 30 . retrieved 2010 06 22 . a b c aimco corporate facts . apartment investment and management company agrees to acquire the walters property management business . prnewswire . august 30 1996 . apartment investment adds 8 175 units from winthrop . new york times . october 18 1997 . insignia financial group announces residential management operations to merge with aimco in 910 million transaction ; insignia esg to be spun off to insignia shareholders . prnewswire . march 17 1998 . apartment investment and management company announces 1.5 billion acquisition of 17 383 units from casden properties of los angeles . prnewswire . december 4 2001 . 1 aimco corporate website 2015 2 the denver post 2015 3 the denver post 2015 external links edit wikimedia commons has media related to aimco . apartment investment and management company s website aimco apartments retrieved from https en.wikipedia.org w index.php title aimco & oldid 743429495 categories companies listed on the new york stock exchangereal estate investment trustscompanies established in 1975companies based in denverfinancial services companies of the united stateshidden categories articles with a promotional tone from june 2011all articles with a promotional tonepages using infobox company with unsupported parameterscommons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutschsvenska edit links this page was last modified on 9 october 2016 at 16 31 . text is available under the creative commons attribution sharealike license ; 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