Apartment Investment and Management Company Announces Results of Third Quarter 2008 Special Dividend Elections

Apartment Investment and Management Company announced today the results of the stockholders’ elections relating to Aimco’s third quarter 2008 special dividend declared by its Board of Directors on October 18, 2008. The special dividend of $1.80 per share of Class A Common Stock is payable on December 1, 2008, to stockholders of record on October 27, 2008. Aimco’s Class A Common Stock began trading “ex-dividend” for the... 

RedPeak Properties Recognized With Four Tributes 2008 Awards by the Apartment Association of Metro Denver

RedPeak Properties, one of the most respected apartment owners, acquirers and developers in Denver, announced today that it won four Tributes 2008 Awards at the Apartment Association of Metro Denver’s (AAMD) Tributes Gala held November 15, 2008. RedPeak took top honors in the following categories: – RedPeak’s Team for Tomorrow Program was recognized as the Most Outstanding Employee Retention Program; – Joanna Pulido, community... 

Verizon’s Buildout of Its FiOS All-Fiber-Optic Network to 27,000 Aimco Apartments in 11 States Nears Completion

Residents of 27,000 apartments in Aimco housing complexes in 11 states will be able to subscribe to Verizon’s advanced FiOS services by year-end, as the company completes the buildout of its all-fiber-optic network in the complexes. The project, which began last year under an agreement between Verizon and Aimco, will make FiOS ultra-high-sped broadband services available to all the apartments. Residents of apartments situated in areas where... 

Existing-Home Sales Soften on Economic Volatility

Existing-home sales declined on the heels of a strong gain in September as uncertainty and economic concerns increased in October, according to the National Association of Realtors®. Existing-home sales — including single-family, townhomes, condominiums and co-ops — fell 3.1 percent to a seasonally adjusted annual rate(1) of 4.98 million units in October from a downwardly revised pace of 5.14 million in September, and are 1.6 percent... 

MetLife Foundation and Enterprise Recognize Exemplary Models in Affordable Housing

MetLife Foundation and Enterprise announced the 2008 recipients of the MetLife Foundation Awards for Excellence in Affordable Housing this morning at the Enterprise Community Conference in Baltimore. Six community-based organizations were awarded a total of $180,000 for leadership, innovation, and effectiveness in the fields of supportive housing and property and asset management. Celebrating its 13th year, the MetLife Foundation Awards program has... 

Kimberly Timmons Interiors Sets the Bar High, Lands Five Coveted Awards for Exceptional Interior Design

On November 1, the Home Builders Association of Metro Denver recognized architects, interior designers and marketing professionals who “raise the bar” and set a new standard of excellence in the home building industry, at the 30th annual Bar Awards ceremony. Within the interior merchandising category, Kimberly Timmons Interiors emerged as a clear leader, landing four of the seven highly competitive awards. The firm was also recognized... 

Mayor Rybak Promotes Free Weekend Holiday Parking

Last week, Mayor R.T. Rybak was honored for his work as a strong champion of transportation improvements in the region by the Minnesota Transportation Alliance at the group’s Annual Meeting. This week, he’s up on YouTube, poking fun about his own driving while letting the Metro area in on an early holiday gift from Brookfield Properties–FREE parking at Gaviidae Common, every Saturday and Sunday, from Thanksgiving to Christmas. That’s right,... 

Citi Foundation Awards $500,000 to Enterprise Community Partners Grant to Further Leadership and Innovation in Green, Affordable Housing

Citi Foundation awarded Enterprise Community Partners a $500,000 grant in support of its Green Communities ® initiative, the largest effort in the U.S. to bring the benefits of green building to low-income people. The grant will support the continued growth and expansion of Green Communities by enabling Enterprise to create more green affordable developments, deepen technical support in improving building energy performance and tap the emerging... 

For IRA Investors, a Stock-Market Alternative: High-Yielding Notes Secured by Real Estate

Real estate investing in Individual Retirement Accounts will be the focus of a friendly, live Web event, open to all, as two Colorado companies collaborate to shed light on a safe and high-yielding alternative to the rollercoaster ride of financial markets. The IRA-Real Estate Investing Webinar is set for Nov. 20 from 4-5 p.m. MST. Individual questions will be answered. Register in advance at www.newdirectionira.com or www.cmyatescapital.com. Denver... 

Smashburger Hires Max Sheets as VP of Real Estate

Smashburger, a fast-casual “better burger” concept recently launched and funded with $15 million by private equity and concept development firm Consumer Capital Partners (CCP), today announced the appointment of Max Sheets as Vice President of Real Estate. Further preparing Smashburger for national expansion, the appointment follows the recent hire of Greg Creighton as Regional Vice President. Sheets brings over 20 years of experience in restaurant...