ITEM 8.01. Other Events.
On November 25, 2020, Apartment Investment and Management Company ("Aimco") and
AIMCO Properties, L.P. ("AIR OP") issued a press release announcing, among other
things, that the Board of Directors of Aimco set the close of business on
December 5, 2020 as the record date for the previously announced separation
transaction to be effected through a pro rata distribution (the "REIT
Distribution") of all of the outstanding shares of Class A common stock of
Apartment Income REIT Corp. to Aimco's common stockholders. The REIT
Distribution is expected to be completed prior to trading hours on December 15,
2020. The press release also announced that AIMCO-GP, Inc., the general partner
of AIR OP, set the close of business on December 5, 2020 as the record date for
the previously announced separation transaction to be effected through a pro
rata distribution (the "OP Distribution") of all of the outstanding common
limited partnership units of Aimco OP L.P. to holders of AIR OP common limited
partnership units and AIR OP Class I High Performance partnership units. The OP
Distribution is expected to be completed prior to trading hours on December 15,
2020.
A copy of the joint press release is attached hereto as Exhibit 99.1 and
incorporated herein by reference.
ITEM 9.01. Financial Statements and Exhibits.
(d) The following exhibits are furnished with this report:
Exhibit
No. Description
99.1 Press Release, dated November 25, 2020
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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