Aimco

AIMCo Recognized as a Top Employer

Retrieved on: 
Tuesday, January 30, 2024
Culture, Alberta Investment Management Corporation, AB, Engagement, Aimco

This is the tenth consecutive year that AIMCo has been recognized as a top employer in Alberta, and the first time that AIMCo has been recognized nationally as a top employer for young people.

Key Points: 
  • This is the tenth consecutive year that AIMCo has been recognized as a top employer in Alberta, and the first time that AIMCo has been recognized nationally as a top employer for young people.
  • AIMCo's Chief Culture, People and Engagement Officer Krista Pell said:
    "We work hard to ensure AIMCo employees can thrive, both personally and professionally.
  • I'm thrilled to see that culture recognized.
  • For more information about AIMCo's recognition as a top employer, please click here .

AIR Communities Announces 2023 Dividend Income Tax Allocations

Retrieved on: 
Thursday, January 25, 2024
REIT, Building Systems, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Dividend, Internal Revenue Code, Partnership, Aimco, Capital gain, Holding company

- The percentage of Qualified Dividends for each of the quarters shown above is a subset of, and included in, Dividend per Share.

Key Points: 
  • - The percentage of Qualified Dividends for each of the quarters shown above is a subset of, and included in, Dividend per Share.
  • 1250 Gain for each of the quarters shown above is a subset of, and included in, Dividend per Share.
  • - The percentage of Section 199A Dividends for each of the quarters shown above is a subset of, and included in, Dividend per Share.
  • - The percentage of Section 897 Ordinary Dividends for each of the quarters shown above is a subset of, and included in, Dividend per Share.

Greenberg Traurig Wins 2023 Law360 Real Estate Practice Group of the Year Award

Retrieved on: 
Thursday, January 25, 2024
Metropolitan Transportation Authority, Sale, 245 Park Avenue, SL Green Realty, Buffalo Bills, LLP, Aimco, Real estate, Mori Trust

NEW YORK, Jan. 25, 2024 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP was recognized with a 2023 Law360 Practice Group of the Year award for its Global Real Estate Practice.

Key Points: 
  • Global law firm Greenberg Traurig, LLP was recognized with a 2023 Law360 Practice Group of the Year award for its Global Real Estate Practice.
  • NEW YORK, Jan. 25, 2024 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP was recognized with a 2023 Law360 Practice Group of the Year award for its Global Real Estate Practice .
  • Greenberg Traurig's Global Real Estate Practice has earned the recognition for two consecutive years and seven times overall.
  • "We are grateful that our team's hard work and dedication to excellence in client service continue to be recognized by Law360 with this award," Real Estate Practice Co-Chairs Michael J. Baum , Richard J. Giusto , and Stephen L. Rabinowitz said.

Capital Power Announces Strategic Acquisition of Two Contracted Combined-Cycle U.S. Gas Generation Facilities and a $400 Million Subscription Receipts Offering

Retrieved on: 
Monday, November 20, 2023
Capital Power Corporation, Indian stock exchange, BlackRock, Investment, CXA, Offering, NOT, Electricity, Equivalence, Adjustment, Capital, Private, Public, Private placement, Plant, Alberta Investment Management Corporation, Webcast, Toronto Stock Exchange, Beal, Underwriting, Aimco, Partnership, Investment company, Sale, LLP, Acquisition, WIRE, Public expenditure, CSG, TSX, CPX, Security (finance)

EDMONTON, Alberta, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) announced today that it has entered into two separate definitive agreements with CSG Investments, Inc., a subsidiary of Beal Financial Corporation, to acquire:

Key Points: 
  • Under the newly established 50/50 partnership, Capital Power and BlackRock will each be responsible for funding 50% of the cash consideration for the Harquahala Acquisition.
  • Capital Power will be responsible for the operations and maintenance and asset management for which it will receive an annual management fee.
  • The net purchase price of the Acquisitions attributable to Capital Power is expected to be US$1.1 billion (~$1.5 billion), subject to working capital and other customary closing adjustments.
  • “Capital Power's acquisition of La Paloma and the partnership in Harquahala’s gas generation assets marks a significant milestone in our strategic growth,” said Avik Dey, President and Chief Executive Officer of Capital Power.

Dr. Kenneth F. Kroner to Assume Role of Chair of the AIMCo Board

Retrieved on: 
Friday, December 8, 2023
Economics, Alberta Investment Management Corporation, Government of Alberta, Mathematics, Chair, Chairperson, Corporation, AB, University, Aimco, Senior management, BlackRock, Management

EDMONTON, AB, Dec. 8, 2023 /CNW/ - The Alberta Investment Management Corporation (AIMCo) today announced that its Board of Directors has appointed Dr. Kenneth (Ken) F. Kroner as Vice Chair.

Key Points: 
  • EDMONTON, AB, Dec. 8, 2023 /CNW/ - The Alberta Investment Management Corporation (AIMCo) today announced that its Board of Directors has appointed Dr. Kenneth (Ken) F. Kroner as Vice Chair.
  • In this capacity, effective January 1, 2024, Dr. Kroner will assume the role of Board Chair until a permanent appointment is made by the Government of Alberta.
  • Dr. Kroner is highly qualified to be Chair and has the unanimous support of his fellow directors in assuming this role.
  • Having joined the AIMCo Board in 2017, he is currently Chair of the Investment Committee.

AIMCo Announces Senior Executive Appointment

Retrieved on: 
Thursday, November 23, 2023
Petro, Aimco, Alberta Investment Management Corporation, AB, Ausenco, Petro-Canada

EDMONTON, AB, Nov. 23, 2023 /CNW/ - The Alberta Investment Management Corporation (AIMCo), announced today the appointment of Shelley Nixon as Chief Legal Officer, effective January 29, 2024.

Key Points: 
  • EDMONTON, AB, Nov. 23, 2023 /CNW/ - The Alberta Investment Management Corporation (AIMCo), announced today the appointment of Shelley Nixon as Chief Legal Officer, effective January 29, 2024.
  • In this role, Nixon will be responsible for building a high-capacity legal, compliance, and governance function, working closely with the AIMCo executive team, as the company continues to transform operations and execution capabilities on behalf of clients.
  • "Shelley brings significant experience as a Chief Legal Officer, leader and change agent to AIMCo," said Evan Siddall, CEO of AIMCo.
  • Prior to joining AIMCo, Nixon was the President of Global Consulting at Ausenco Engineering Canada.

Aimco Reports Third Quarter Results, Updates 2023 Guidance, and Provides Highlights on Recent and Planned Activities

Retrieved on: 
Monday, November 6, 2023
REIT, Finance, Professional Services, Residential Building & Real Estate, Construction & Property, Aurora, Documentation, Sale, National Air Communications, Faculty, Parkmerced, San Francisco, Washington Metro, Front Range, National Institute for Occupational Safety and Health, TSR, Russell, Washington, D.C., AIR, Investment, Grosvenor–Strathmore station, Airline, Property management, Aimco

Aimco acquired 1.7 million shares of its common stock during the third quarter 2023 at an average cost of $7.52 per share.

Key Points: 
  • Aimco acquired 1.7 million shares of its common stock during the third quarter 2023 at an average cost of $7.52 per share.
  • Year to date, as of October 31, 2023, Aimco acquired more than 5.3 million shares at an average price of $7.40 per share.
  • Subsequent to quarter end, the Aimco Board of Directors increased the number of shares authorized for repurchase to 30 million, doubling the size of the Board’s previous authorization.
  • As of September 30, 2023, Aimco had five active development and redevelopment projects located in four U.S. markets, in varying phases of construction and lease-up.

EDENS Appoints Kelly Nagel as Head of Residential

Retrieved on: 
Wednesday, November 1, 2023
Washington and Lee University, Asian Women's Leadership University Project, Regency Centers, BS, MBA, Accredited Business Accountant, Business, Jodie, Aimco, Management

WASHINGTON, Nov. 1, 2023 /PRNewswire/ -- EDENS, a nationally recognized owner, operator and developer of retail and mixed-use real estate assets, announced today that Kelly Nagel has been named Head of Residential.

Key Points: 
  • WASHINGTON, Nov. 1, 2023 /PRNewswire/ -- EDENS, a nationally recognized owner, operator and developer of retail and mixed-use real estate assets, announced today that Kelly Nagel has been named Head of Residential.
  • In this new role, Kelly will oversee strategy related to the incorporation of residential components into the company's portfolio of mixed-use developments.
  • "As EDENS continues to create great places that serve as the center of community life, we value strategic multifamily expertise on our team," said Jodie McLean, CEO of EDENS.
  • "With her extensive background in multifamily operations, development and investment, Kelly brings the experience needed to guide our efforts.

Aimco Announces Third Quarter 2023 Earnings Date

Retrieved on: 
Wednesday, October 25, 2023
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Investment, Aimco, NYSE, AIV, Western Asset Management Company, Cryptocurrency

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 third quarter results on Monday, November 6, 2023, after the market closes.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 third quarter results on Monday, November 6, 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 .

AIR Communities Helps Raise $529,000 For Military and Educational Causes in 20th Annual Golf Classic

Retrieved on: 
Wednesday, September 20, 2023
Construction & Property, Sports, Public Relations, Investor Relations, REIT, Golf, Communications, Philanthropy, Other Philanthropy, Residential Building & Real Estate, Diamond, Workforce, Drawing, Partnership, Employment, Housing, AIV, Homelessness, Education, TAPS, National Air Communications, Tragedy Assistance Program for Survivors, AIRC, Multimedia, Housing association, Southern Management Companies, Huang Nubo, Student, Grief, Dream, AIR, RE/MAX, Roma Education Fund, Trauma, Survivor, NYSE, Management, Tourism, Nursing, Aimco

View the full release here: https://www.businesswire.com/news/home/20230920954074/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230920954074/en/
    AIR Executive Vice President Emeritus Miles Cortez joins Project Sanctuary and TAPS leadership at the AIR Gives + Aimco Cares Charity Golf Classic.
  • AIR also supports Project Sanctuary, which helps military families reconnect after a soldier returns from overseas duty.
  • To celebrate the tournament’s 20th anniversary, AIR Communities invited residents to participate in the event through a “Golf Getaway for a Cause” prize drawing.
  • “As a happy Indigo resident for the last three years, I was thrilled to be invited to AIR’s 20th annual golf classic,” said Amit.