Aimco OP L.P.: M&A transaction — Aimco signs $155M sale of 660 apartment homes, closes $520M Brickell Assemblage sale

Aimco OP L.P.

Agreed to sell Hillmeade (TN) and Plantation Gardens (FL) to HGI Acquisitions for $155M gross; $5M non-refundable deposit.
Brickell Assemblage (Miami) sale completed Dec 22, 2025 for $520M; $85M seller financing notes at 12-16% interest.
Net proceeds from Brickell sale approx. $220M; Aimco plans to monetize financing notes and distribute majority to shareholders.
Hillmeade/Plantation closing expected Q1 2026, subject to loan assumption approvals.
Sales reflect Aimco's ongoing asset disposition strategy to return capital to stockholders.

item 1.01 item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Aimco OP L.P. completed a disposition involving Brickell Bay Property Owner LLC for $520 million (closed 2025-12-22).

Action: disposition
Counterparty: Brickell Bay Property Owner LLC
Consideration: $520 million
Closing: 2025-12-22

Exact text from the filing

On December 22, 2025, the Company completed the sale of the Brickell Assemblage for total consideration of $520 million.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Aimco OP L.P. entered into Asset Purchase Agreement with HGI Acquisitions, LLC valued at sale of two properties for gross price of $155 million, non-refundable deposit of $5 million (effective 2025-12-23).

Action: entry
Agreement: asset purchase
Counterparty: HGI Acquisitions, LLC
Value: sale of two properties for gross price of $155 million, non-refundable deposit of $5 million
Effective: 2025-12-23

Exact text from the filing

On December 23, 2025, Apartment Investment and Management Company (“Aimco”), through Aimco Hillmeade, LLC and CCIP Plantation Gardens, L.L.C., each a subsidiary of Aimco, entered into an agreement (the “Agreement”) to sell two properties to HGI Acquisitions, LLC (the “buyer”) for a gross price of $155 million.

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Source: SEC EDGAR

accession 0001193125-25-330971

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