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): March 27, 2008

Apartment Investment and Management Company
__________________________________________
(Exact name of registrant as specified in its charter)

Maryland	001-13232	841259577
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
4582 S. Ulster Street Parkway, Suite 1100, Denver, Colorado		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))

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

(b) Apartment Investment and Management Company ("Aimco") announces that Scott W. Fordham, Senior Vice President and Chief Accounting Officer has announced his resignation. Mr. Fordham has chosen to leave Aimco to return to Texas to pursue an opportunity as chief accounting officer with an office REIT lead by Tom August, the former CEO of Prentiss Properties Trust ("Prentiss"), with whom Mr. Fordham served as senior vice president and chief accounting officer prior to Prentiss’s 2006 merger with Brandywine Realty Trust.

Mr. Fordham will remain with Aimco through the first quarter close in order to ensure an orderly transition. Aimco is actively engaging in a search of internal and external candidates to fill the chief accounting officer position. In the interim, Aimco’s corporate controllers and senior accounting staff will report to Thomas M. Herzog, Aimco’s Executive Vice President and Chief Financial Officer.

The press release is filed herewith.

Item 9.01 Financial Statements and Exhibits.

(d) Aimco Press Release - March 27, 2008

SIGNATURES

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

	Apartment Investment and Management Company
March 27, 2008	By:	Thomas M. Herzog
		Name: Thomas M. Herzog
		Title: Executive Vice President and Chief Financial Officer

Exhibit Index

Exhibit No.	Description
99.1	Aimco Press Release - March 27, 2008

EX-99.1

APARTMENT INVESTMENT AND MANAGEMENT COMPANY
ANNOUNCES RESIGNATION OF CHIEF ACCOUNTING OFFICER SCOTT FORDHAM

DENVER, COLORADO, March 27, 2008

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) today announced that Scott W. Fordham will step down as chief accounting officer in late April 2008. Mr. Fordham plans to return with his family to his Texas roots and pursue an opportunity as chief accounting officer with an office REIT lead by Tom August, the former CEO of Prentiss Properties Trust (“Prentiss”), with whom Mr. Fordham served as senior vice president and chief accounting officer prior to Prentiss’s 2006 merger with Brandywine Realty Trust.

Aimco’s Executive Vice President and Chief Financial Officer, Tom Herzog, said, “I would like to express my appreciation and gratitude to Scott for his many lasting contributions as chief accounting officer. Scott has exceptional skills and has been a tremendous leader to our accounting team.”

Mr. Fordham will remain with Aimco through the first quarter close in order to ensure an orderly transition.

Aimco is actively engaging in a search of internal and external candidates to fill the chief accounting officer position. In the interim, Aimco’s corporate controllers and senior accounting staff will report to Mr. Herzog.

Aimco is a real estate investment trust headquartered in Denver, Colorado that owns and operates a geographically diversified portfolio of apartment communities through 19 regional operating centers. Aimco, through its subsidiaries and affiliates, is the largest owner and operator of apartment communities in the United States with 1,169 properties, including 203,040 apartment units, and serves approximately 750,000 residents each year. Aimco’s properties are located in 46 states, the District of Columbia and Puerto Rico. 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 web site at www.aimco.com.