Added to YB: 2025-04-14
Pitch date: 2025-04-10
AIV [bullish]
Apartment Investment and Management Company
+1.13%
current return
Author Info
No bio for this author
Company Info
Apartment Investment and Management Company is a diversified real estate company primarily focused on value add and opportunistic investments, targeting the U.
Market Cap
$610.0M
Pitch Price
$3.99
Price Target
14.00 (+247%)
Dividend
N/A
EV/EBITDA
95.16
P/E
-112.20
EV/Sales
9.22
Sector
Residential REITs
Category
special_situation
Finding calm in the storm - high quality real estate with a big margin of safety - Apartment Investment and Management Company
AIV: Multifamily REIT at 84% discount to $13.66 NAV. $1.8B stabilized portfolio (5.5% cap), $700M new developments (7% yield), $520M Brickell sale. Strategic review underway, activist pressure. $2.11/share special dividend coming. 10% cap on remaining assets post-Brickell. Catalysts: sale/breakup, development stabilization.
Read full article (11 min)