Apartment Investment and Management Company is a diversified real estate company primarily focused on value-added and opportunistic investments, targeting the United States multifamily sector. The Company operates through three segments, namely, Development and Redevelopment, Operating, and Other. The Development and Redevelopment segment includes properties that are under construction or have not achieved and maintained stabilization, as well as land assemblages that are held for future development. Its Operating segment includes approximately 15 residential apartment communities that have achieved stabilized levels of operations. The Other segment consists of properties that are not included in its Development and Redevelopment or Operating segments. Its other segment includes The Benson Hotel. The Company's portfolio includes Strathmore Square Phase I, Oak Shore, The Hamilton, The Fremont, Parc Mosaic, and others.