Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) provided today details of year-to-date leasing activity as follows:
|Renewal rent increases||5.3%||6.1%|
|New lease rent increases||2.1%||2.5%|
|Weighted average rent increases||3.8%||4.2%|
|Average daily occupancy||95.3%||95.4%|
Aimco also announced that Chairman and Chief Executive Officer, Terry Considine, will host a roundtable discussion at the Citi 2013 Global Property CEO Conference on Tuesday, March 5, 2013, beginning at 9:30 a.m. Eastern Time. The event will be available live via telephone conference by calling (646) 490-2858 and using passcode 3360505490.