secwatch.observer — SEC 8-K summary
======================================

Issuer:     Aimco OP L.P. (—)
CIK:        0001820878
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000950170-24-055743
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aimco Q1 net loss $(0.07)/share; NOI growth 6.5%; advances Miami asset sales
----------------------------------------------------------------------------

- Net loss per share $(0.07) vs $(0.06) in Q1 2023; net loss attributable to common stockholders widened.
- Stabilized Operating Properties NOI grew 6.5% YoY to $27.1M; average monthly rent up 5.4% to $2,348.
- Repurchased 0.9M shares at avg $7.49; since 2022, repurchased 10.6M shares at avg $7.31.
- Plans to sell Brickell office (605K sq ft) & Yacht Club (357 units) and Hamilton in Miami by end 2024.
- 2024 outlook maintained: net loss $(0.50)-$(0.40)/share; active developments on budget at $648M total direct costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820878/000095017024055743/0000950170-24-055743-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/922864/000095017024055743/aiv-20240508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-055743

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer