Exhibit 23.7

[Letterhead of Cogent Realty Advisors, LLC]

October 8, 2010

Shelter Realty IV Corporation, as
General Partner of Shelter Properties IV Limited Partnership
55 Beattie Place, PO Box 1089
Greenville, South Carolina 29602

Re: Appraisal of Villages of Baymeadows Apartments (Jacksonville, Florida), dated May 28, 2010

Ladies and Gentlemen:

     We hereby consent to the filing with the Securities and Exchange Commission (the “SEC”) of our appraisal report, in its entirety, referenced above (the “Appraisal Report”) with the Registration Statement on Form S-4 (the “Registration Statement”) filed by AIMCO-Properties, L.P. and its affiliates (“Aimco”) and the Transaction Statement on Schedule 13E-3 filed by Aimco. We also consent to (i) the distribution of copies of the Appraisal Report, in its entirety, to the limited partners of Shelter Properties IV Limited Partnership (“Shelter”) upon their request in connection with the merger of a subsidiary of Aimco with and into Shelter, with Shelter as the surviving entity, as described in the Registration Statement (the “Merger”), and (ii) the reference to our firm and the description of the Appraisal Report in the Registration Statement, including any amendments or supplements thereto, that may be filed with the SEC. We further acknowledge that the Appraisal Report, in its entirety, will be generally available to the public through the filings with the SEC.

     Aimco agrees to indemnify and hold harmless the undersigned and its affiliates including, without limitation, Cogent Realty Advisors, LLC and its owners, directors, officers and employees (collectively, “Cogent”), from and against all damages, expenses, claims and costs (each, a “Loss”), including reasonable attorneys’ fees, incurred in investigating or defending any claim arising from or in connection with the use of, or reliance upon, the Appraisal Report by any person or entity, other than Aimco, in connection with the Merger; provided, however, that Aimco shall not be liable in respect of any Loss resulting from the willful misconduct, gross negligence or bad faith of Cogent or from a material factual error in the Appraisal Report or summary descriptions thereof which have been previously approved by Cogent for inclusion in the Registration Statement.

COGENT REALTY ADVISORS, LLC
By:	/s/ Steven Goldberg
Name:	Steven Goldberg
Title:	Managing Partner