AIV - Apartment Investment GAAP EPS of -$1.34 revenue of $41.97M

• Apartment Investment press release ( NYSE: AIV ): Q4 GAAP EPS of -$1.34.
• Revenue of $41.97M (-10.2% Y/Y).
• As of February 14, 2023, total shareholder return ("TSR") since the December 15, 2020 separation from AIR Communities was 40.5% and year-to-date was 7.7%.
• In the fourth quarter, Aimco and its joint venture partner began construction on the 220-apartment home development at Strathmore Square in Bethesda, Maryland.
• In 2022 and through February 14, 2023, Aimco has repurchased more than 4.2 million shares of its common stock at a weighted average price of approximately $7.24 per share.
• Fourth Quarter 2022 Revenue and NOI from Aimco’s Stabilized Operating Properties were up 9.5% and 10.0%, respectively, year over year, with average revenue per apartment home of $2,170, up $215 year over year.

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