BNET Industries

Market Cap:$1.5B
Last Fiscal Year Sales:$1.4B
  • Public
  • US
Dow Jones Description

Real Estate Investment Trust

Chief Investment Officer, Executive Vice President & President, CEO, Aimco Capital
David R. Robertson
Number of Employees 4,500
Contact Information

4582 S Ulster St Pkwy Ste 1100

Denver, Colorado 80237

www.aimco.com

(303) 757-8101

NAICS Code : 525930

Recent Events

  • Apartment Investment and Management Company (NYSE: AIV) Announces Third Quarter 2009 Results

    10/30/09 - Financial Announcement - View Story

  • Apartment Investment and Management Co. AIV Declares $0.10 Quarterly Dividend; 3% Yield

    10/30/09 - Stock Split / Dividend - View Story

  • Apartment Investment And Management Promotes Ernie Freedman To EVP And CFO - Quick Facts

    10/27/09 - Mgmt. Change Entering - CFO - View Story

  • Bank of American Downgrades Apartment Investment and Management AIV to Underperform

    10/14/09 - Bond / Stock Rating - View Story

  • Analyst Downgrades for October 14th

    10/14/09 - Bond / Stock Rating - View Story

  • Apartment Investment and Management Company Third Quarter 2009 Earnings to Be Released on October 30,...

    9/29/09 - Financial Announcement - View Story

  • Apartment Investment & Management Q2 FFO Declines, Tops Estimates; Cuts FY09 FFO Forecast - Update

    7/31/09 - Bond / Stock Rating - View Story

  • Apartment Investment and Management Company Declares Quarterly Dividend on Class...

    7/29/09 - Stock Split / Dividend - View Story

  • Apartment Investment and Management Company Second Quarter 2009 Earnings to be Released...

    7/13/09 - Financial Announcement - View Story

News & Analysis

apartment investment & management co. - All News and Analysis

Decision Makers

Name (plus bio) Position
David R. Robertson Chief Investment Officer, Executive Vice President & President, CEO, Aimco Capital
Timothy J. Beaudin Co-President & COO
Harry G. Alcock Chief Investment Officer
Miles Cortez Chief Admin Officer & Executive Vice President
Paul J. McAuliffe CFO & Executive Vice President, Investor Relations
R. Scott Wesson CIO & Senior Vice President
Robert Y. Walker CFO, Property Operations & Executive Vice President
Anthony R. DAlto Executive Vice President, Property Operations
James G. Purvis Executive Vice President, Hr
Lance J. Graber Executive Vice President, Aimco Capital Transactions East
Lisa R. Cohn General Counsel, Secretary & Executive Vice President
Patti K. Fielding Treasurer & Executive Vice President, Securities, Debt
Becky Holeman Senior Vice President
Brian Shuman Senior Vice President, Financial Planning and Analysis
Craig Zeutzius Senior Vice President, Portfolio Mgmt
Dennis Martin Senior Vice President, Strategic Initiatives
Donald Baumann Senior Vice President, Income Dev
Duke Daugherty Senior Vice President, Risk Mgmt
Eric L. Hilty Senior Vice President
H. Lynn Stanfield Senior Vice President, Tax
John Spiegleman Senior Vice President
Leeann Morein Senior Vice President, Performance Mgmt
Martha J. Long Senior Vice President
Martha L. Long Senior Vice President, Partnership Transactions
Melanie French Senior Vice President, Learning and Development
Michael Karsner Senior Vice President, Conventional Operations
Patti Shwayder Senior Vice President, Govt Relations & Comm
R. Lee Montgomery Senior Vice President, Revenue Mgmt, Analytics
Richard K. Barrett Senior Vice President, Strategic Sourcing
Scott Anderson Senior Vice President, Technical Accounting Standards
Sherlyn M. Keiling Senior Vice President, Performance Excellence
Stephen D. Crane Senior Vice President, Property Tax
Terri C. Heredia Senior Vice President, Talent
Anthony D’Alto Division Vice President, Gulf
Charles Viale Regional Vice President, Indianapolis
Cynthia Eichner Vice President, Corp Comm
Dan J. Kistel Regional Vice President, Tampa
David H. Carline Regional Vice President, Columbus
David J. Zweig Division Vice President, East
David Pian Regional Vice President, New York City
Dennis O' Riley Regional Vice President, Atlanta
Elizabeth Coalson Vice President, IR
Jeffrey Kimes Regional Vice President, Denver
Joe Borges Regional Vice President, Houston
John Angelo Regional Vice President, Orlando
Keith Kimmel Regional Vice President, California
Lynn Bora Regional Vice President, Boston
Michele M. Wilson Regional Vice President, Philadelphia
Paul Hemmert Regional Vice President, Dallas
Peter K. Kompaniez Division Vice President, Pacific
Regina Harris Regional Vice President, Richmond
Stephen C. Peters Regional Vice President, Phoenix
Susan Ridgeway Regional Vice President, Rockville
Thomas Seeger Division Vice President, Midwest
Cindy Duffy Director, Corp Comm
Dan C First Impressions

Board of Directors

Name (plus bio) Position
Terry Considine Board Chairman
J. Landis Martin Board of Directors
Michael A. Stein Board of Directors
Richard S. Ellwood Board of Directors
Robert A. Miller Board of Directors
Thomas L. Keltner Board of Directors
Thomas L. Rhodes Board of Directors

Mr. Robertson has been Executive Vice President since February 2002, President and Chief Executive Officer of Aimco Capital since October 2002, and Chief Investment Officer since March 2007. In addition to serving as Chairman of Aimco’s Investment Committee, Mr. Robertson is responsible for portfolio strategy, capital allocation, investments, joint ventures, asset management and transaction activities. Since February 1996, Mr. Robertson has served as Chairman of Robeks Corporation, a 150-unit privately held chain of specialty food stores that he founded.

Organization Position Status
Apartment Investment & Management Co. Chief Investment Officer, Executive Vice President & President, CEO, Aimco Capital Current
Aimco Capital CEO Former
Apartment Investment & Management Co. CFO, Co-President & Chief Investment Officer Former
Aimco Capital President Former
Aimco Properties L.P. Executive Vice President Former
Smith Barney Investment Banking Group Member Former

Mr. Beaudin was appointed Executive Vice President and Chief Development Officer in October 2005. Prior to joining Aimco and beginning in 1995, Mr. Beaudin was with Catellus Development Corporation, a San Francisco, California-based real estate investment trust. During his last five years at Catellus, Mr. Beaudin served as Executive Vice President, with management responsibility for development, construction and asset management.

Organization Position Status
Apartment Investment & Management Co. Co-President & COO Current
Catellus Development Corporation Executive Vice President Former
Apartment Investment & Management Co. Executive Vice President Former

Organization Position Status
Apartment Investment & Management Co. Chief Investment Officer Current
Apartment Investment & Management Co. Executive Vice President, Aimco Capital, Transactions West Current

Mr. Cortez was appointed Executive Vice President and Chief Administrative Officer in December 2007. Mr. Cortez joined Aimco in August 2001 as Executive Vice President, General Counsel and Secretary. Prior to joining the Company, Mr. Cortez was the senior partner of Cortez Macaulay Bernhardt & Schuetze LLC, a Denver, Colorado law firm, from December 1997 through September 2001. He served as president of the Colorado Bar Association from 1996 to 1997 and the Denver Bar Association from 1982 to 1983.

Organization Position Status
Apartment Investment & Management Co. Chief Admin Officer & Executive Vice President Current
Apartment Investment & Management Co. Secretary Current
Denver Bar Association President Former
Aimco Properties L.P. General Counsel, Executive Vice President & Secretary Former
Apartment Investment & Management Co. General Counsel Former

Organization Position Status
Apartment Investment & Management Co. CFO & Executive Vice President, Investor Relations Current
Aimco Properties L.P. Executive Vice President Former

Organization Position Status
Apartment Investment & Management Co. CIO & Senior Vice President Current

Mr. Walker was appointed Senior Vice President in August 2005 and became Chief Accounting Officer in November 2005. He was promoted to Executive Vice President in July 2006 and in January 2007 became the Chief Financial Officer of Property Operations, which includes financial oversight of Redevelopment. From June 2002 until he joined Aimco, Mr. Walker served as Senior Vice President and Chief Financial Officer at Miller Global Properties, LLC, a Denver-based private equity, real estate fund manager. From May 1997 to June 2002, Mr. Walker was employed by GE Real Estate, serving as Global Controller from May 2000 to June 2002.

Organization Position Status
Apartment Investment & Management Co. CFO, Property Operations & Executive Vice President Current
Aimco Properties L.P. Chief Accounting Officer & Senior Vice President Former

Mr. D’Alto was appointed Executive Vice President — Property Operations in December 2007 and is responsible for day-to-day property operations. Mr. D’Alto joined Aimco in December 2003 as a Regional Vice President and was promoted to Division Vice President for the Gulf Division in November 2004. Prior to joining Aimco, Mr. D’Alto served for approximately 30 years in various operating positions primarily in the automotive and rental car industry, most recently from 1999 to 2002 as Senior Vice President of ANC Rental Corporation where he was responsible for the operations of its subsidiaries, Alamo Rent-a-Car, LLC and National Car Rental System, Inc.

Organization Position Status
Apartment Investment & Management Co. Executive Vice President, Property Operations Current

Mr. Purvis was appointed Executive Vice President — Human Resources in February 2003. Prior to joining Aimco, from October 2000 to February 2003, Mr. Purvis served as the Vice President of Human Resources at SomaLogic, Inc., a privately held biotechnology company in Boulder, Colorado.

Organization Position Status
Apartment Investment & Management Co. Executive Vice President, Hr Current
Aimco Properties L.P. Executive Vice President, Hr Former

Mr. Graber was appointed Executive Vice President in October 1999. He focuses on transactions related to Aimco’s portfolio of properties in the eastern portion of the United States.

Organization Position Status
Apartment Investment & Management Co. Executive Vice President, Aimco Capital Transactions East Current
Aimco Capital Executive Vice President Former
Aimco Properties L.P. Executive Vice President Former

Ms. Cohn was appointed Executive Vice President, General Counsel and Secretary in December 2007. From January 2004 to December 2007, Ms. Cohn served as Senior Vice President and Assistant General Counsel. She joined Aimco in July 2002 as Vice President and Assistant General Counsel. Prior to joining the Company, Ms. Cohn was in private practice with the law firm of Hogan & Hartson LLP.

Organization Position Status
Apartment Investment & Management Co. General Counsel, Secretary & Executive Vice President Current
Apartment Investment & Management Co. Senior Vice President Former

Ms. Fielding was appointed Executive Vice President — Securities and Debt in February 2003 and Treasurer in January 2005. She is responsible for debt financing and the treasury department. From January 2000 to February 2003, Ms. Fielding served as Senior Vice President — Securities and Debt. Ms. Fielding joined the Company as a Vice President in February 1997.

Organization Position Status
Apartment Investment & Management Co. Treasurer & Executive Vice President, Securities, Debt Current
Apartment Investment & Management Co. Treasurer Current
Aimco Properties L.P. Executive Vice President & Treasurer Former
Hanover Capital Partners Ltd. Vice President Former

Organization Position Status
Apartment Investment & Management Co. Senior Vice President Current
Apartment Investment & Management Co. Controller Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Financial Planning and Analysis Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Portfolio Mgmt Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Strategic Initiatives Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Income Dev Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Risk Mgmt Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President Current
Apartment Investment & Management Co. Assistant Secretary Former

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Tax Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President Current
Apartment Investment & Management Co. Assistant General Counsel Former

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Performance Mgmt Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President Current
Apartment Investment & Management Co. Controller Former
Bob Jones University Bachelors Degree Former

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Partnership Transactions Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Learning and Development Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Conventional Operations Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Govt Relations & Comm Current
National Stroke Association CEO Former
University of Colorado Masters Degree Former
Brown University Bachelors Degree Former

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Revenue Mgmt, Analytics Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Strategic Sourcing Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Technical Accounting Standards Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Performance Excellence Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Property Tax Current

Organization Position Status
Apartment Investment & Management Co. Senior Vice President, Talent Current

Organization Position Status
Apartment Investment & Management Co. Division Vice President, Gulf Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Indianapolis Current

Organization Position Status
Apartment Investment & Management Co. Vice President, Corp Comm Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Tampa Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Columbus Current

Organization Position Status
Apartment Investment & Management Co. Division Vice President, East Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, New York City Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Atlanta Current

Organization Position Status
Apartment Investment & Management Co. Vice President, IR Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Denver Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Houston Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Orlando Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, California Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Boston Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Philadelphia Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Dallas Current

Organization Position Status
Apartment Investment & Management Co. Division Vice President, Pacific Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Richmond Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Phoenix Current

Organization Position Status
Apartment Investment & Management Co. Regional Vice President, Rockville Current

Organization Position Status
Apartment Investment & Management Co. Division Vice President, Midwest Current

Organization Position Status
Apartment Investment & Management Co. Director, Corp Comm Current

Organization Position Status
Apartment Investment & Management Co. Current

Organization Position Status
Aimco Properties L.P. Chairman & CEO Current
Apartment Investment & Management Co. Board Chairman Current
Intrepid Potash Board of Directors Current
Property Asset Management Inc. Chairman, President & CEO Former
Apartment Investment & Management Co. President Former
Apartment Investment & Management Co. Founder Former
Colorado State Senator Former
Harvard University J.D. Former
Harvard University B.A. In English History Former

J. Landis Martin has been Chairman of the Board of TIMET since 1987, Chief Executive Officer of TIMET since 1995 and President since 2000 and previously from 1995 to 1996. Mr. Martin is also a director of Halliburton Company, Apartment Investment and Management Company and Trico Marine Services Inc. and is a director and non-executive chairman of Crown Castle International Corporation.

Organization Position Status
Titanium Metals Corporation Chairman, President and Chief Executive Officer Current
Platte River Ventures Founder and Managing Director Current
Intrepid Potash Founder Current
Crown Castle International Corp. Chairman of the Board of Directors Current
Halliburton Company Director Current
Intrepid Potash Director Current
Apartment Investment & Management Co. Board of Directors Current
Intrepid Mining, LLC Director Current
Baroid Corporation Chief Executive Officer Former
Nl Industries, Inc. Chief Executive Officer Former
Nl Industries, Inc. President Former
Baroid Corporation Chairman Former
Intrepid Potash Chairman Former
Crown Castle International Corp. Board of Directors Former
Northwestern University J.D. Degree Former
Northwestern University School of Law J.D. Former
Northwestern University B.S.B.A. In Business Administration and Economics Former
Northwestern University School of Law B.S. Former

Organization Position Status
Buycialisnow.Com Senior Vice President, Chief Financial Officer Current
ICOS Corporation Vice President, CFO Current
ICOS Corporation CFO & Senior Vice President Current
Getty Images, Inc. Chairman Current
Oregon, Inc. Board of Directors Current
Apartment Investment & Management Co. Board of Directors Current
Montana, Inc. Board of Directors Current
California Inc Board of Directors Current
Nautilus Inc. Board of Directors Current
Nordstrom, Inc. Chief Financial Officer Former
Marriott International, Inc. Chief Financial Officer Former
Nordstrom, Inc. Executive Vice President Former
Marriott International, Inc. Executive Vice President Former
Apartment Investment & Management Co. Director Former
University of Maryland B.S. In Business Administration Former

Mr. Ellwood was first elected as a Director of the Company in July 1994. Mr. Ellwood is currently a member of the Audit, Compensation and Human Resources, and Nominating and Corporate Governance Committees. Mr. Ellwood was the founder and President of R.S. Ellwood & Co., Incorporated, which he operated as a real estate investment banking firm until December 31, 2004. Prior to forming his firm, Mr. Ellwood had 31 years experience on Wall Street as an investment banker, serving as: Managing Director and senior banker at Merrill Lynch Capital Markets from 1984 to 1987; Managing Director at Warburg Paribas Becker from 1978 to 1984; general partner and then Senior Vice President and a director at White, Weld & Co. from 1968 to 1978; and in various capacities at J.P. Morgan & Co. from 1955 to 1968. Mr. Ellwood currently serves as a director of Felcor Lodging Trust, Incorporated, a publicly held company. He also serves as a trustee of the Diocesan Investment Trust of the Episcopal Diocese of New Jersey and is chairman of the diocesan audit committee.

Organization Position Status
Apartment Investment & Management Co. Board of Directors Current

Mr. Miller was first elected as a Director of the Company in April 2007 and is currently a member of the Audit, Compensation and Human Resources, and Nominating and Corporate Governance Committees. Mr. Miller has served as the President of Marriott Leisure since 1997. Prior to Marriott Leisure, from 1984 to 1988, Mr. Miller served as Executive Vice President & General Manager of Marriott Vacation Club International and then as its President from 1988 to 1997. In 1984, Mr. Miller and a partner sold their company, American Resorts, Inc., to Marriott. Mr. Miller co-founded American Resorts, Inc. in 1978, and it was the first business model to encompass all aspects of timeshare resort development, sales, management and operations. Prior to founding American Resorts, Inc., from 1972 to 1978 Mr. Miller was Chief Financial Officer of Fleetwing Corporation, a regional retail and wholesale petroleum company. Prior to joining Fleetwing, Mr. Miller served for five years as a staff accountant for Arthur Young & Company. Mr. Miller is past Chairman of the American Resort Development Association (ARDA) and currently serves as Chairman of the ARDA International Foundation.

Organization Position Status
Apartment Investment & Management Co. Board of Directors Current

Mr. Keltner was first elected as a Director of the Company in April 2007 and is currently a member of the Audit, Compensation and Human Resources, and Nominating and Corporate Governance Committees. In March 2007, Mr. Keltner became the Executive Vice President and Chief Executive Officer — Americas and Global Brands for Hilton Hotels Corporation. Mr. Keltner joined Hilton Hotels Corporation in 1999 and has served in various roles. Mr. Keltner has more than 20 years of experience in the areas of hotel development, acquisition, disposition, franchising and management. Prior to joining Hilton Hotels Corporation, from 1993 to 1999 Mr. Keltner served in several positions with Promus Hotel Corporation, including President, Brand Performance and Development. Before joining Promus Hotel Corporation, he served in various capacities with Holiday Inn Worldwide, Holiday Inns International and Holiday Inns, Inc. In addition, Mr. Keltner was President of Saudi Marriott Company, a division of Marriott Corporation, and was a management consultant with Cresap, McCormick and Paget, Inc.

Organization Position Status
Apartment Investment & Management Co. Board of Directors Current

Organization Position Status
American Land Lease, Inc. ViceChairman Current
Apartment Investment & Management Co. Board of Directors Current
American Land Lease, Inc. Board of Directors Current
The Goldman Sachs Group, Inc. General Partner Former
Delphi Financial Group, Inc. Director Former
American Land Lease, Inc. Co-Chairman, Vice Chairman Former
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     AIV $13.60 +0.22 (1.64% )
Average Volume 3,273,300
Shares Outstanding 117.00M
Market Cap 1.6B
Year High 16.05
Year Low 4.57
Earnings Per Share -2.62
P/E Ratio -5.19
Dividend 0.40
Yield 2.94
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