8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  April 27, 2021

APARTMENT INCOME REIT CORP.

AIMCO PROPERTIES, L.P.

(Exact name of registrant as specified in its charter)

Maryland (Apartment Income REIT Corp.)	1-39686	84-1299717
Delaware (AIMCO Properties, L.P.)	0-24497	84-1275621
(State or other jurisdiction	(Commission	(I.R.S. Employer
of incorporation or organization)	File Number)	Identification No.)

4582 SOUTH ULSTER STREET

SUITE 1700, DENVER, CO 80237

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (303) 757-8101

NOT APPLICABLE

 (Former name or Former Address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to section 12(b) of the Act:
Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Apartment Income REIT Corp. Class A Common Stock	AIRC	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the exchange act.  ☐

ITEM 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)Apartment Income REIT Corp. (“AIR”) and AIMCO-GP, Inc., as general partner of AIMCO Properties, L.P. (the “AIR OP”), announced a change in role for Conor Wagner.  Mr. Wagner, who has served as Senior Vice President and Chief Investment Officer since December 2020, has announced his plans to take a new position in Southern California.  Mr. Wagner will remain with AIR through May 14, 2021, to provide for a smooth transition. Thereafter he will cease to be an officer of AIR and the AIR OP.

ITEM 9.01. Financial Statements and Exhibits.

(d)The following exhibits are furnished with this report:

Exhibit No.	Description
99.1	Press release dated April 27, 2021.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Dated: April 27, 2021
	APARTMENT INCOME REIT CORP.
		/s/ Paul Beldin
		Paul Beldin
		Executive Vice President and Chief Financial Officer
	AIMCO PROPERTIES, L.P.
	By AIMCO-GP, Inc., its general partner
		/s/ Paul Beldin
		Paul Beldin
		Executive Vice President and Chief Financial Officer

EX-99.1

CONOR WAGNER RESIGNS AS CHIEF INVESTMENT OFFICER

DENVER, CO, April 27, 2021 - Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC), announced today that Conor Wagner has resigned as Senior Vice President and Chief Investment Officer of AIR for an opportunity in Southern California.  Mr. Wagner will remain with AIR through May 14 to provide for a smooth transition. 

Terry Considine, AIR’s CEO remarked, “I am delighted for Conor and his family.  His new assignment is a ‘dream job’ and allows his family to return home.  I want to express my gratitude to Conor for his many contributions over the past three years. He possesses great insight and integrity. He was the architect for our simplified business model,  and therefore for its unlocking of $1 billion in shareholder value. He leaves as a much-valued friend. He will be missed.”

Mr. Wagner said, “I am excited by my return to Southern California. I am very grateful for my teammates, their friendship, and the opportunity to learn from them over these past three years. I am very proud of what we accomplished together and look forward to their continued success in the years to come.”

About AIR

AIR is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States. AIR is one of the country’s largest owners and operators of apartments, with 99 communities in 12 states and the District of Columbia. AIR common shares are traded on the New York Stock Exchange under the ticker symbol AIRC, and are included in the S&P 400. For more information about AIR, please visit our website at www.aircommunities.com.

Contact:

Beth Hagan

303-757-8101

investors@aircommunities.com

XML

Document and Entity Information	Apr. 27, 2021
Document Information [Line Items]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Apr. 27, 2021
Entity Registrant Name	APARTMENT INCOME REIT CORP.
Entity Central Index Key	0001820877
Entity Emerging Growth Company	false
Entity File Number	1-39686
Entity Incorporation State Country Code	MD
Entity Tax Identification Number	84-1299717
Entity Address Address Line1	4582 SOUTH ULSTER STREET
Entity Address Address Line2	SUITE 1700
Entity Address City Or Town	DENVER
Entity Address State Or Province	CO
Entity Address Postal Zip Code	80237
City Area Code	303
Local Phone Number	757-8101
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Apartment Income REIT Corp.Class A Common Stock
Trading Symbol	AIRC
Security Exchange Name	NYSE
AIMCO PROPERTIES, L.P. [Member]
Document Information [Line Items]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Apr. 27, 2021
Entity Registrant Name	AIMCO PROPERTIES, L.P.
Entity Central Index Key	0000926660
Entity Emerging Growth Company	false
Entity File Number	0-24497
Entity Incorporation State Country Code	DE
Entity Tax Identification Number	84-1275621
Entity Address Address Line1	4582 SOUTH ULSTER STREET
Entity Address Address Line2	SUITE 1700
Entity Address City Or Town	DENVER
Entity Address State Or Province	CO
Entity Address Postal Zip Code	80237
City Area Code	303
Local Phone Number	757-8101