Aimco Closes on Partial Sale of Parkmerced Mezzanine Loan and Announces Amended Agreement for Sale of Remaining Investment

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today it has closed on the sale of a 20%, non-controlling position in its Parkmerced mezzanine loan investment for $33.5 million.

Pursuant to the terms of the amende...

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