other material
confidence high
sentiment neutral
materiality 0.55
Aimco supplements proxy disclosure on Morgan Stanley liquidation advisory fees of ~$5.55M
APARTMENT INVESTMENT & MANAGEMENT CO
- Morgan Stanley engaged Dec 2024 as lead financial advisor; no fairness opinion requested in light of Plan of Sale and Liquidation.
- Transaction fee of 1% of Transaction Value; quarterly advisory fees and up to $75k expense reimbursement.
- As of Feb 2, 2026, Morgan Stanley has received approx $5.55M in aggregate fees for Sale Engagement and Plan of Sale and Liquidation.
- Supplemental disclosure updates Definitive Proxy Statement mailed Jan 6, 2026; stockholders urged to read proxy for liquidation vote.
- Morgan Stanley may earn additional discretionary fee up to 0.15% of Transaction Value at closing.