Aimco Finalizes $320MM Acquisition of Luxury Apartment Community in Redwood City

Apartment Investment and Management Company ("Aimco") (NYSE: AIV) today announced that it completed the acquisition of Indigo in Redwood City, California. The $320 million acquisition was primarily funded with §1031 like-kind exchange proceeds from sales completed earlier this year. [contextly_sidebar id="5tgkVRfxh3RBkIo1xybXUmQTbBEuIe8C"]Indigo is a newly completed, ten-story luxury community of 416 well-appointed apartment homes featuring high […]