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Article: Apartment Investment and Management Company (NYSE: AIV) Announces Third Quarter 2009 Results.
- Article from:
- PR Newswire
- Article date:
- October 30, 2009
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DENVER, Oct. 30 /PRNewswire-FirstCall/ --
Third Quarter 2009 Highlights
-- Funds From Operations (FFO, as defined in the Glossary) - FFO of $0.41
per share, before operating real estate impairments of $0.22 per
share, was within the $0.36 to $0.42 per share guidance range.
-- Property Operations - During the third quarter, Aimco's share of total
conventional and affordable property net operating income was $145.1
million. Total conventional and affordable property net operating
income, adjusted for property acquisitions and dispositions, was 1.2%
lower than in third quarter 2008.
-- Same Store Results (as ...