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Activist Investor Succeeds in Battle To Elect Member to Apartment REIT Board

Aimco Under Pressure From Land & Buildings Since Spinning Off Separate Company
Prism apartments in Cambridge, Massachusetts, is one of Aimco's newest properties. (CoStar)
Prism apartments in Cambridge, Massachusetts, is one of Aimco's newest properties. (CoStar)
CoStar News
December 21, 2022 | 8:19 P.M.

An activist investor battling with apartment real estate investment trust Aimco achieved a partial victory by toppling the chairman of the REIT’s investment committee.

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