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Aimco has deals for two properties near Miami’s Biscayne Bay

Sales are expected to generate $204 million for company
Denver-based Aimco has sold The Hamilton in Miami's Edgewater neighborhood for $190 million. Proceeds are expected to be used to pay off $110 million in debts and return some capital to shareholders. (CoStar)
Denver-based Aimco has sold The Hamilton in Miami's Edgewater neighborhood for $190 million. Proceeds are expected to be used to pay off $110 million in debts and return some capital to shareholders. (CoStar)
CoStar News
October 15, 2024 | 8:44 P.M.

Publicly traded multifamily investment firm Aimco is set to sell two adjacent properties along Biscayne Bay in Miami as the firm looks to pay down high-interest debt and return some capital to investors.

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