{"id":802512,"date":"2022-06-22T19:02:01","date_gmt":"2022-06-22T17:02:01","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/aimco-announces-the-realization-of-100m-of-value-creation-from-the-successful-development-of-four-properties-leased-from-air-communities-the-cancellation-of-the-related-469m-lease-obligation\/"},"modified":"2023-07-10T17:21:37","modified_gmt":"2023-07-10T15:21:37","slug":"aimco-announces-the-realization-of-100m-of-value-creation-from-the-successful-development-of-four-properties-leased-from-air-communities-the-cancellation-of-the-related-469m-lease-obligation","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/aimco-announces-the-realization-of-100m-of-value-creation-from-the-successful-development-of-four-properties-leased-from-air-communities-the-cancellation-of-the-related-469m-lease-obligation\/","title":{"rendered":"Aimco Announces: The realization of $100M of value creation from the successful development of four properties leased from AIR Communities; the cancellation of the related $469M lease obligation;\u00a0 and the repayment of $534M debt owed to AIR."},"content":{"rendered":"DENVER--(BUSINESS WIRE)--(NYSE: AIV) - Apartment Investment and Management Company (\u201cAimco\u201d) has executed definitive agreements with AIR Communities (\u201cAIR\u201d) that will result in more than $100 million of realized value creation for Aimco shareholders, eliminate the $469 million obligation related to the four leased properties from AIR, and lead directly to the refinance or repayment of nearly $1 billion of debt.\n\n\n\nFollowing the successful development and lease-up of 707 Leahy in Redwood City, CA, Prism in Cambridge, MA, Flamingo Point North Tower in Miami Beach, FL and The Fremont on the Anschutz Medical Campus in Aurora, CO, Aimco and AIR have agreed to cancel Aimco\u2019s leasehold interest in each property on or before September 1, <div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>DENVER&#8211;(BUSINESS WIRE)&#8211;(NYSE: AIV) &#8211; Apartment Investment and Management Company (\u201cAimco\u201d) has executed definitive agreements with AIR Communities (\u201cAIR\u201d) that will result in more than $100 million of realized value creation for Aimco shareholders, eliminate the $469 million obligation related to the four leased properties from AIR, and lead directly to the refinance or repayment of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-802512","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Aimco Announces: The realization of $100M of value creation from the successful development of four properties leased from AIR Communities; the cancellation of the related $469M lease obligation;\u00a0 and the repayment of $534M debt owed to AIR. - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/aimco-announces-the-realization-of-100m-of-value-creation-from-the-successful-development-of-four-properties-leased-from-air-communities-the-cancellation-of-the-related-469m-lease-obligation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aimco Announces: The realization of $100M of value creation from the successful development of four properties leased from AIR Communities; the cancellation of the related $469M lease obligation;\u00a0 and the repayment of $534M debt owed to AIR. - BeBeez\" \/>\n<meta property=\"og:description\" content=\"DENVER--(BUSINESS WIRE)--(NYSE: AIV) - Apartment Investment and Management Company (\u201cAimco\u201d) has executed definitive agreements with AIR Communities (\u201cAIR\u201d) that will result in more than $100 million of realized value creation for Aimco shareholders, eliminate the $469 million obligation related to the four leased properties from AIR, and lead directly to the refinance or repayment of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/aimco-announces-the-realization-of-100m-of-value-creation-from-the-successful-development-of-four-properties-leased-from-air-communities-the-cancellation-of-the-related-469m-lease-obligation\/\" \/>\n<meta property=\"og:site_name\" content=\"BeBeez\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-22T17:02:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-10T15:21:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"683\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"olomaster\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"olomaster\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/aimco-announces-the-realization-of-100m-of-value-creation-from-the-successful-development-of-four-properties-leased-from-air-communities-the-cancellation-of-the-related-469m-lease-obligation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/aimco-announces-the-realization-of-100m-of-value-creation-from-the-successful-development-of-four-properties-leased-from-air-communities-the-cancellation-of-the-related-469m-lease-obligation\/\"},\"author\":{\"name\":\"olomaster\",\"@id\":\"https:\/\/15.161.165.86\/#\/schema\/person\/f3523ef027b0af56aa28725439cc9518\"},\"headline\":\"Aimco Announces: The realization of $100M of value creation from the successful development of four properties leased from AIR Communities; 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