Miles Cortez - Apartment Investment President

AIV Stock  USD 8.04  0.02  0.25%   

President

Mr. Miles C. Cortez is Executive Vice President, Chief Administrative Officer of Apartment Investment and Management Company. Mr. Cortez was appointed Executive Vice President and Chief Administrative Officer in December 2007. He is responsible for administration, government relations, communications and special projects since 2007.
Age 75
Tenure 17 years
Address 4582 South Ulster Street, Denver, CO, United States, 80237-2632
Phone303 224 7900
Webhttps://www.aimco.com
Cortez joined Aimco in August 2001 as Executive Vice President, General Counsel and Secretary. Prior to joining the Company, Mr. Cortez was the senior partner of Cortez Macaulay Bernhardt & Schuetze LLC, a Denver, Colorado law firm, from December 1997 through September 2001. He served as president of the Colorado Bar Association from 1996 to 1997 and the Denver Bar Association from 1982 to 1983.

Apartment Investment Management Efficiency

Return On Tangible Assets is likely to climb to -0.08 in 2024. Return On Capital Employed is likely to drop to 0 in 2024. At this time, Apartment Investment's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 1.8 B in 2024, despite the fact that Other Current Assets are likely to grow to (192.3 M). Apartment Investment's management efficiency ratios could be used to measure how well Apartment Investment manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 1.28 B in debt with debt to equity (D/E) ratio of 1.46, which is OK given its current industry classification. Apartment Investment and has a current ratio of 3.54, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Apartment Investment until it has trouble settling it off, either with new capital or with free cash flow. So, Apartment Investment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Apartment Investment and sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Apartment to invest in growth at high rates of return. When we think about Apartment Investment's use of debt, we should always consider it together with cash and equity.

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Aimco is a Real Estate Investment Trust focused on property development, redevelopment, and various other value-creating investment strategies, targeting the U.S. multifamily market. For more information about Aimco, please visit our website www.aimco.com. Apartment Investment operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 62 people. Apartment Investment and (AIV) is traded on New York Stock Exchange in USA. It is located in 4582 South Ulster Street, Denver, CO, United States, 80237-2632 and employs 61 people. Apartment Investment is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Apartment Investment and Leadership Team

Elected by the shareholders, the Apartment Investment's board of directors comprises two types of representatives: Apartment Investment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Apartment. The board's role is to monitor Apartment Investment's management team and ensure that shareholders' interests are well served. Apartment Investment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Apartment Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jennifer Johnson, Executive Vice President Chief Administrative Officer, General Counsel, Company Secretary
Paul Beldin, Chief Financial Officer, Executive Vice President
Michael Stein, Independent Director
Kellie Dreyer, Senior Officer
Elizabeth Likovich, Senior Region
Miles Cortez, Executive Vice President, Chief Administrative Officer
Thomas Keltner, Independent Director
Robert Miller, Independent Director
Patti Fielding, Executive Vice President - Securities and Debt, Treasurer and President - Aimco Investment Partners
H Stanfield, Executive Vice President - Financial Planning & Analysis and Capital Allocation
Nina Tran, Independent Director
Wesley Powell, President, Chief Executive Officer, Director
Kirk Sykes, Director
Ann Sperling, Independent Director
R Stone, Director
Deborah Smith, Independent Director
Matt Foster, Director Relations
Lynn Stanfield, Executive Vice President -Financial Planning & Analysis and Capital Allocation
Lee Hodges, Senior Region
J Martin, Lead Independent Director
Quincy Allen, Director
Patricia Gibson, Independent Director
John Bezzant, Executive Vice President, Chief Investment Officer
Kathleen Nelson, Independent Director
Justin Frenzel, Vice President, Chief Accounting Officer, Principal Accounting Officer
Lisa Cohn, Executive Vice President, General Counsel, Secretary
Kelley Babin, Senior Officer
Elizabeth Coalson, Vice President Investor Relations
Matt Konrad, Senior Transactions
Matt Hopkins, Senior Region
James Bailey, Independent Director
John Nicholson, VP Treasurer
Charles Higdon, Senior Vice President Chief Accounting Officer
Tom Marchant, Tax, Accounting
Landis Martin, Lead Independent Director
Terry Considine, Chairman of the Board, Chief Executive Officer
Jay Leupp, Director
Keith Kimmel, Executive Vice President - Property Operations
Derek Ullian, Senior Development

Apartment Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Apartment Investment a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Apartment Investment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Apartment Investment's short interest history, or implied volatility extrapolated from Apartment Investment options trading.

Pair Trading with Apartment Investment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apartment Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apartment Investment will appreciate offsetting losses from the drop in the long position's value.

Moving against Apartment Stock

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The ability to find closely correlated positions to Apartment Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apartment Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apartment Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apartment Investment and to buy it.
The correlation of Apartment Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apartment Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apartment Investment and moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apartment Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Apartment Investment and is a strong investment it is important to analyze Apartment Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apartment Investment's future performance. For an informed investment choice regarding Apartment Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apartment Investment and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Apartment Investment's price analysis, check to measure Apartment Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apartment Investment is operating at the current time. Most of Apartment Investment's value examination focuses on studying past and present price action to predict the probability of Apartment Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apartment Investment's price. Additionally, you may evaluate how the addition of Apartment Investment to your portfolios can decrease your overall portfolio volatility.
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Is Apartment Investment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apartment Investment. If investors know Apartment will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apartment Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Earnings Share
(1.16)
Revenue Per Share
1.308
Quarterly Revenue Growth
0.179
Return On Assets
0.0037
The market value of Apartment Investment and is measured differently than its book value, which is the value of Apartment that is recorded on the company's balance sheet. Investors also form their own opinion of Apartment Investment's value that differs from its market value or its book value, called intrinsic value, which is Apartment Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apartment Investment's market value can be influenced by many factors that don't directly affect Apartment Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apartment Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apartment Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apartment Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.