Aimco reports Q4 EPS ($1.34) vs. (01c) last year

The company cites a non-cash impairment charge related to the Parkmerced mezzanine investment for this year’s net income. Reports Q4 revenue $35.2M vs. $32.1M last yaer. Q4 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.