---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-319258"
form_type: "8-K"
ticker: null
cik: "0001820878"
company_name: "Aimco OP L.P."
filed_at: "2025-12-15T23:59:59+00:00"
generated_at: "2026-05-16T13:15:02.592295+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Aimco agrees to sell 7 Chicago-area apartment properties for $455M; net proceeds ~$160M

## Summary
- Gross price $455M for 1,495 units; closing expected Q1 2026 pending loan assumption.
- Non-refundable deposit total $20M by Jan 15, 2026; due diligence completed.
- Net proceeds after debt and costs ~$160M; majority to be distributed to shareholders.
- Buyer is LaTerra Capital Management; six Aimco subsidiaries are sellers.
- Properties located in Chicago market; portfolio includes seven apartment communities.

## SEC filing metadata
- accession: 0001193125-25-319258
- form_type: 8-K
- cik: 0001820878
- company_name: Aimco OP L.P.
- filed_at: 2025-12-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820878/000119312525319258/0001193125-25-319258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/922864/000119312525319258/aiv-20251210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-319258
- JSON: https://secwatch.observer/filing/0001193125-25-319258.json
- Plain text: https://secwatch.observer/filing/0001193125-25-319258.txt

## Key facts
- Material Agreements
  Aimco OP L.P. entered into Agreement with LaTerra Capital Management, LLC valued at $455 million (effective 2025-12-10).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: LaTerra Capital Management, LLC
  - Value: $455 million
  - Effective: 2025-12-10
  source text: On December 10, 2025, Apartment Investment and Management Company (“Aimco”), through Aimco Elm Creek, L.P., Aimco Elm Creek Townhomes Three, LLC, Aimco Yorktown L.P., 2200 Grace Owner, LLC, Aimco Hyde Park Tower, L.L.C., Church Street Associates Limited Partnership, and Williamsburg Limited Partnership, each a subsidiary of Aimco, entered into an agreement (the “Agreement”) to sell its portfolio of seven apartment properties, including 1,495 units, located in the Chicago market to LaTerra Capital Management, LLC (the “buyer”) for a gross price of $455 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820878/000119312525319258/0001193125-25-319258-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.