DENVER, March 23 /PRNewswire-FirstCall/ -- A Considine family partnership, Titaho Limited Partnership, RLLLP ("Titaho"), holds shares of Apartment Investment and Management Company ("Aimco") Class A Common Stock as well as options to acquire additional Aimco shares. On March 21, 2007, Titaho exercised options to acquire and hold 460,000 shares, funding its purchase in part by selling to an unrelated third party 540,000 options, which were nearing their expiration. Terry Considine, Aimco's chairman and chief executive officer commented, "I am enthusiastic about Aimco prospects and delighted that the family partnership was able to increase its ownership stake."
Aimco is a real estate investment trust headquartered in Denver, Colorado that owns and operates a geographically diversified portfolio of apartment communities through 20 regional operating centers. Aimco, through its subsidiaries and affiliates, operates 1,256 properties, including approximately 216,400 apartment units, and serves approximately 750,000 residents each year. Aimco's properties are located in 46 states, the District of Columbia and Puerto Rico. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500. For more information about Aimco, please visit our web site at http://www.aimco.com/.
