Leading Proxy Advisory Firm Glass Lewis Recommends that Aimco Stockholders Vote “FOR” Aimco’s Three Highly Qualified Director Nominees - Seite 3

“While Mr. Sullivan's experience seems much more suited for Aimco, we consider it is also largely duplicative by virtue of Mr. Leupp's presence on the Aimco board, who has significant real estate and REIT experience from an investor perspective, as well as additional, current board experience at another public REIT. Given this would be Mr. Sullivan's first public company directorship (which is not a disqualifying factor on its own, in our view) and considering his perspective is largely replicated by Mr. Leupp and the Company's ongoing advisory relationship with Green Street, where Mr. Sullivan previously led the advisory practice, we see a reduced need for his perspective at this time.”

Commenting on the Glass Lewis recommendation, Aimco issued the following statement:

We are pleased that Glass Lewis supports the reelection of all three of Aimco’s highly qualified director nominees.

Glass Lewis clearly recognizes that Aimco has the right Board and the right strategy to continue enhancing value for stockholders. Its recommendation reaffirms the Board’s unanimous conclusion that electing Land & Buildings’ slate of dissident director nominees would not be additive and would remove expertise from the New Aimco Board that is critical to the Company’s success.

We strongly urge stockholders to follow Glass Lewis’s recommendation and vote “FOR” the Company’s three highly qualified directors: Jay Paul Leupp, Michael A. Stein and R. Dary Stone on the WHITE proxy card.

Aimco reminds stockholders that their vote is extremely important, no matter how many or how few shares they own. The Company strongly recommends that stockholders vote “FOR” the Company’s three highly qualified directors: Jay Paul Leupp, Michael A. Stein and R. Dary Stone.

¹ Permission to use quotes neither sought nor obtained

If you have questions or require any assistance with voting your shares,
please contact the Company’s proxy solicitor listed below:

MacKenzie Partners, Inc.
1407 Broadway, 27th Floor
New York, New York 10018
Call Collect: [phone]
or
Toll-Free [phone]
Email: [e-mail]

About Aimco

Aimco is a diversified real estate company primarily focused on value add, opportunistic, and alternative investments, targeting the U.S. multifamily sector. Aimco’s mission is to make real estate investments where outcomes are enhanced through its human capital so that substantial value is created for investors, teammates, and the communities in which we operate. Aimco is traded on the New York Stock Exchange as AIV. For more information about Aimco, please visit its website www.aimco.com.