A publicly traded REIT headquartered in Denver and an activist investor renewed their public tussle about the future of the company’s leadership ahead of its stockholder meeting next month.
When the Apartment Investment and Management Co., or Aimco — which operates over $3B in assets across eight markets, including in Colorado — hosts its annual stockholder meeting on Dec. 16, investors will vote on nominations to its 10-person board of directors.
In a normal year, it might be a straightforward occasion. But Land & Buildings Investment Management, a real estate-focused hedge fund based in Stamford, Connecticut, that owns a 5.8% stake in Aimco,…