Apartment Investment & Management Co (AIV) Q3 2019 10-Q Quarterly Earnings

Short answer

Apartment Investment & Management Co (AIV) filed its Q3 2019 10-Q quarterly report on Nov 4, 2019 for the quarter ended Sep 30, 2019.

AI summary of MD&A and risk factor updates

Q3 revenue $221.0M, up 4.0% YoY from $212.4M
Same Store NOI $130.8M, up 4.1%, with NOI margin 73.1% vs 72.9% YoY
Best segment Other Real Estate NOI $8.2M, up 41.5%; weakest Redevelopment and Development NOI $10.4M, down 17.5%
$93.2M cash and restricted cash, $792.8M revolver capacity; $668.0M new property debt financed
Outlook: leverage ratios expected at 6.8x and 7.0x by year-end; rate-locked $100.0M loan expected to close in Q4

No material changes identified in the provided Risk Factors section, which contains no substantive risk-factor disclosure
Environmental liability: EPA discussions continue over contaminated groundwater near a former Indiana community
Legal compliance: Lake Tahoe cleanup order names four potentially responsible parties, with Aimco appealing while complying
Operational risk: $308.9 million committed to redevelopment, development, and capital additions
Financial risk: non-recourse property debt increased to $4.25 billion from $3.92 billion

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Compare quarters, check guidance or see what insiders and funds did around the report.