Aimco Announces New Roles for Two Key Executives
February 23 2018 - 9:00AM
Business Wire
Apartment Investment and Management Company (“Aimco”) (NYSE:
AIV) announced today that 21-year Aimco veteran Patti Fielding,
Executive Vice President: Debt, and Treasurer, has also been named
President, Aimco Investment Partners. After three successful years
leading the Aimco redevelopment team, Ms. Fielding is returning to
capital markets to head Aimco’s investment partnerships. Her
14-year Aimco teammate, Wes Powell, Senior Vice President: East
Redevelopment for the past five years, has been promoted to
Executive Vice President, Redevelopment, and will lead Aimco
redevelopment activities nationwide.
“Patti has enjoyed a long and decorated career as a senior
executive at Aimco, most recently leading our important
redevelopment business,” said Terry Considine, Aimco Chairman/CEO.
“Patti embraced her Redevelopment responsibilities and did an
excellent job. I am grateful for her many contributions and I’m
delighted that Patti will now turn her considerable talents to
sourcing investment capital. For ten years, Patti was the able
steward of our highly successful partnership with J.P. Morgan Asset
Management. Earlier, Patti was a leader on the Aimco team in other
joint ventures with such partners as CalSTRS and GE Capital. She is
well prepared for her new responsibilities.” Mr. Considine
continued, “Of Patti’s many accomplishments in Redevelopment, the
most important may prove to be her nurturing of a deep and talented
bench. The promotion of Wes will make for a seamless transition.
Wes has been a rising star for 14 years. He is a respected and
trusted teammate.”
At Aimco, Ms. Fielding has served as chairman of Aimco’s
investment committee. Ms. Fielding was appointed Executive Vice
President — Securities and Debt in February 2003, and Treasurer in
January 2005. From January 2000 to February 2003, Ms. Fielding
served as Senior Vice President — Securities and Debt.
Ms. Fielding joined the Company as a Vice President in
February 1997.
In addition to his redevelopment responsibilities, Mr. Powell is
responsible for Aimco acquisition activities in the eastern United
States, most recently leading Aimco’s acquisition of Bent Tree, a
748 unit property in suburban Fairfax County, VA. Since joining
Aimco in January 2004, Mr. Powell has assumed steadily increasing
responsibilities including Asset Manager, Director, and Vice
President, Redevelopment: Chicago. Before joining Aimco, Mr. Powell
was a Staff Architect with Ai Architecture (now Perkins & Will)
in Washington, D.C.
About Aimco
Aimco is a real estate investment trust focused on the ownership
and management of quality apartment communities located in select
markets in the United States. Aimco is one of the country’s largest
owners and operators of apartments, with ownership interests in 180
communities in 22 states and the District of Columbia. Aimco common
shares are traded on the New York Stock Exchange under the ticker
symbol AIV, and are included in the S&P 500. For more
information about Aimco, please visit our website at
www.aimco.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20180223005142/en/
Apartment Investment and Management CompanyLynn StanfieldSenior
Vice President, Finance(303) 793-4661investor@aimco.com
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