CREATING VALUE
BALANCE SHEET & FINANCES
Liquidity
•
Aimco is highly focused on maintaining a strong balance sheet, including having at all times ample liquidity. As of
March 31, 2022, Aimco had access to $298 million, including $109 million of cash on hand, $69 million of restricted
cash, and the capacity to borrow up to $120 million on our revolving credit facility.
Capitalization
Aimco capitalizes its activities through a combination of debt and equity sources, with a strong preference
towards property-level debt in order to limit risk to the Aimco enterprise.
•
Property Debt
Non-recourse
Long dated
•
Prefer fixed rate
Construction Loans
Non-recourse
Aimco targets ~60% LTC
Significantly hedged to
interest rate exposure
•
3rd Party Equity
JV Partners
Preferred Equity
Financing
Aimco
CREATING
VALUE
Retained Earnings
Recycle income
generated from stabilized
portfolio
242
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