Investor Presentaiton

REDEVELOPMENT PIPELINE POTENTIAL REDEVELOPMENT PROJECTS • Aimco plans future starts to backfill its redevelopment pipeline taken from opportunities illustrated below. BAY AREA Preserve at Marin (Expansion) GREATER LA Villas at Park La Brea HillCreste SAN DIEGO Mariner's Cove DENVER Anschutz Expansion (Additional Phases) MINNEAPOLIS Calhoun Beach Club (Expanded Scope) NEW YORK CITY East 88th & 2nd Ave PHILADELPHIA Chestnut Hall GREATER WASHINGTON, DC Bent Tree Foxchase MIAMI Bay Parc (Additional Phases) The menu shown above is representative of the communities whose redevelopment or development is being considered through 2021. Actual projects and their scope will differ depending on approvals. 9

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