secwatch.observer — SEC 8-K summary
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Issuer:     Aimco OP L.P. (—)
CIK:        0001820878
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0001193125-25-203790
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aimco sells four Boston properties for $490M; declares $2.23 special dividend
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- Closed sale of Royal Crest Estates (Marlboro & Warwick), Waterford Village, and Wexford Village for $490M cash.
- Revolving credit facility repaid with proceeds; fifth property (Royal Crest Estates Nashua) under contract for $250M, expected Q4 2025.
- Buyer paid $20M non-refundable deposit; sale treated as discontinued operation beginning Q3 2025.
- Declared special cash dividend of $2.23 per share from sale proceeds.
- Pro forma balance sheet shows cash & equivalents of $399.8M vs. $41.4M as reported June 30, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820878/000119312525203790/0001193125-25-203790-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/922864/000119312525203790/aiv-20250909.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-203790

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