CREATING VALUE

INVESTMENT PROCESS Aimco will look to monetize investments during various points in their life-cycle with the goal of producing the Highest Risk Adjusted Returns. PROPERTY VALUE AIMCO TARGET HOLD ENTITLEMENT DEVELOPMENT LEASE-UP LOCAL MARKET IMPROVEMENTS TIME STABILIZED OPS Aimco CREATING VALUE AIMCO TARGET HOLD RENOVATION and/or REPOSITIONING OPERATING UPGRADES LOCAL MARKET IMPROVEMENTS 17

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