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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND
EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest
event reported): February 17, 2009</B>

<P style="font-size: 24pt" align="center"><B>APARTMENT INVESTMENT AND
MANAGEMENT COMPANY<BR>
</B><FONT style="font-size: 10pt">(Exact name of
registrant as specified in its charter) </FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>MARYLAND</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>001-13232</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>84-1259577</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
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cellpadding="0" width="100%" border="0">

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  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>4582 SOUTH ULSTER STREET
PARKWAY<BR>
SUITE 1100, DENVER, CO <BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>80237</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number,
including area code: <B>(303) 757-8101</B>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="30%" border="0">

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  <TD width="100%">&nbsp;</TD>
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 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>NOT
APPLICABLE<BR>
</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">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:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P style="font-size: 10pt" align="left"><B>ITEM 8.01. Other Events.</B>

<P style="font-size: 10pt" align="left">On January&nbsp;29, 2009, Apartment
Investment and Management Company (&#8220;Aimco&#8221;) paid a special dividend
to Aimco&#8217;s stockholders of record at the close of business on
December&nbsp;29, 2008.

<P style="font-size: 10pt" align="left">Accounting principles generally
accepted in the United States (GAAP)&nbsp;require that all reported per share
data, for current and prior periods, be adjusted to reflect the issuance of the
shares in connection with the special dividend as if such shares had been
issued at the beginning of the earliest period presented.

<P style="font-size: 10pt" align="left">Aimco has furnished the material on
Exhibit&nbsp;99.1 to facilitate an understanding of the effect of shares issued
in connection with the special dividend declared on December&nbsp;18, 2008, and
paid on January&nbsp;29, 2009, on previously reported Earnings per share, Funds
from Operations per share and Adjusted Funds from Operations per share.

<P style="font-size: 10pt" align="left"><B>ITEM 9.01. Financial Statements and
Exhibits.</B>

<P style="font-size: 10pt; text-indent: 4%" align="left">The
following exhibits are furnished with this report:

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  <TD align="center" style="border-bottom: 1px solid #000000">Exhibit Number</TD>
  <TD>&nbsp;</TD>
  <TD align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>
 <TR valign="top">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>

 <TR valign="top">
  <TD align="center">99.1</TD>
  <TD>&nbsp;</TD>
  <TD align="left">Financial and Share Information Adjusted for Special Dividends &#8211;
February&nbsp;2009</TD>
 </TR>

</TABLE>


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<P style="font-size: 10pt" align="center">SIGNATURE

<P style="font-size: 10pt; text-indent: 4%" align="left">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.

<P style="font-size: 10pt; text-indent: 4%" align="left">Dated:
February&nbsp;17, 2009



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  <TD width="50%">&nbsp;</TD>
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  <TD>&nbsp;</TD>
  <TD align="left">Apartment Investment and Management Company</TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD align="left" style="border-bottom: 1px solid #000000">/s/ Thomas M. Herzog</TD>
</TR>

 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD align="left">Thomas M. Herzog<BR>
Executive Vice President and Chief Financial Officer</TD>
</TR>
</TABLE>

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<P style="font-size: 10pt" align="center">EXHIBIT INDEX


<P>
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">
 <TR valign="top">
  <TD width="15%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="80%">&nbsp;</TD>
</TR>

 <TR valign="bottom">
  <TD align="center" style="border-bottom: 1px solid #000000">Exhibit Number</TD>
  <TD>&nbsp;</TD>
  <TD align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>
 <TR valign="top">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>

 <TR valign="top">
  <TD align="center">99.1</TD>
  <TD>&nbsp;</TD>
  <TD align="left">Financial and Share Information Adjusted for Special Dividends &#8211;
February&nbsp;2009</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">4
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{"company-data": {"conformed-name": "APARTMENT INVESTMENT & MANAGEMENT CO", "cik": "0000922864", "assigned-sic": "6798", "irs-number": "841259577", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13232", "film-number": "09615509"}, "business-address": {"street1": "4582 S ULSTER ST PARKWAY", "city": "DENVER", "state": "CO", "zip": "80237", "phone": "3037578101"}, "mail-address": {"street1": "4582 S ULSTER ST PARKWAY", "city": "DENVER", "state": "CO", "zip": "80237"}}
Filed by Bowne Pure Compliance
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): February 17, 2009
APARTMENT INVESTMENT AND
MANAGEMENT COMPANY
(Exact name of
registrant as specified in its charter)
MARYLAND
001-13232
84-1259577
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
4582 SOUTH ULSTER STREET
PARKWAY
SUITE 1100, 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:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01. Other Events.
On January 29, 2009, Apartment
Investment and Management Company ("Aimco") paid a special dividend
to Aimco's stockholders of record at the close of business on
December 29, 2008.
Accounting principles generally
accepted in the United States (GAAP) require that all reported per share
data, for current and prior periods, be adjusted to reflect the issuance of the
shares in connection with the special dividend as if such shares had been
issued at the beginning of the earliest period presented.
Aimco has furnished the material on
Exhibit 99.1 to facilitate an understanding of the effect of shares issued
in connection with the special dividend declared on December 18, 2008, and
paid on January 29, 2009, on previously reported Earnings per share, Funds
from Operations per share and Adjusted Funds from Operations per share.
ITEM 9.01. Financial Statements and
Exhibits.
The
following exhibits are furnished with this report:
Exhibit Number
Description
99.1
Financial and Share Information Adjusted for Special Dividends –
February 2009
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:
February 17, 2009
Apartment Investment and Management Company
/s/ Thomas M. Herzog
Thomas M. Herzog
Executive Vice President and Chief Financial Officer
EXHIBIT INDEX
Exhibit Number
Description
99.1
Financial and Share Information Adjusted for Special Dividends –
February 2009