UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Apartment Investment & Management Co.
------------------------------------------
(Name of Issuer)
Common
----------
(Title of Class of Securities)
03748R101
--------------
(CUSIP Number)
Date of Event which Requires Filing of this Statement
December 31, 2005
--------------------
Check the appropriate box to designate the rule pursuant to which the Schedule
is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in prior coverage.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of the Securities Exchange Act of 1934 ("Act") or
otherwise subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act (however, see the Notes).
SEC 1745 (12-02)
Page 1
Page 2 of 8 Pages
Amendment Number 11 to Schedule 13G (continued)
CUSIP No. 03748R101
- -----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cohen & Steers, Inc. 14-1904657
- -----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- -----------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 9,465,117
BENEFICIALLY -------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 39,857
REPORTING -------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 10,425,617
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
39,857
- -----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,465,624
- -----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.9%
- -----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC, CO
- -----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
Page 3 of 8 Pages
Schedule 13G (continued)
CUSIP No. 03748R101
- -----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cohen & Steers Capital Management, Inc. 13-3353336
- -----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- -----------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 9,465,117
BENEFICIALLY -------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 0
REPORTING -------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 10,425,617
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,425,617
- -----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.8%
- -----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA, CO
- -----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
Page 4 of 8 Pages
Schedule 13G (continued)
CUSIP No. 03748R101
- -----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cohen & Steers Capital Management, Inc. 13-3353336
- -----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- -----------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 9,465,117
BENEFICIALLY -------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 0
REPORTING -------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 10,425,617
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,425,617
- -----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.8%
- -----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA, CO
- -----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
Page 5 of 8 Pages
Item 1.
(a) Name of Issuer:
Apartment Investment and Management Company
(b) Address of Issuer's Principal Executive Offices:
4582 South Ulster Street Parkway
Suite 1100
Denver, Colorado
Item 2.
(a) Name of Persons Filing:
Cohen & Steers, Inc.
Cohen & Steers Capital Management, Inc.
Houlihan Rovers, SA
(b) Address of Principal Business Office:
280 Park Avenue
New York, NY 10017
(c) Citizenship:
Cohen & Steers, Inc: Delaware Corporations
Cohen & Steers Capital Management, Inc: New York Corporation
Houlihan Rovers SA: Belgium
(d) Title of Class Securities:
Commmon
(e) CUSIP Number:
03748R101
Item 3. If this statement is filed pursuant to Rule 13d-l(b), or
13d-2(b), check whether the person filing is a
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in section 3(a)(19) of
the Act
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act
(e) [x] An investment advisor in accordance with Section
240.13d-1(b)(1)(ii)(E)
(f) [ ] An employee benefit plan or endowment fund in accordance
with 240.13d-1(b)(1)(ii)(F)
(g) [x] A parent holding company or control person in accordance
with Section 240.13d-l(b)(1)(ii)(G)
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813)
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the
Investment Company Act of 1940 (15U.S.C. 80a-3)
(j) [ ] Group, in accordance with Section 240.13d-1(b)(l)(ii)(J)
Page 6 of 8 Pages
Item 4. OWNERSHIP:
(a) Amount Beneficially Owned as of December 31, 2005:
See row 9 on cover sheet
(b) Percent of Class:
See row 11 on cover sheet
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote:
See row 5 on cover sheet
(ii) shared power to vote or direct the vote:
See row 6 on cover sheet
(iii) sole power to dispose or to direct
the disposition of:
See row 7 on cover sheet
(iv) shared power to dispose or direct
the disposition of:
See row 8 on cover sheet
Item 5. OWNERSHIP OF 5% OR LESS OF A CLASS
N/A
Item 6. OWNERSHIP OF MORE THAN 5% ON BEHALF OF ANOTHER PERSON
N/A
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
HOLDING COMPANY
Cohen & Steers, Inc. holds a 100% interest in Cohen & Steers
Capital Management, Inc. an investment advisor registered
under Section 203 of the Investment Advisers Act, and holds
a 50% interest in Houlihan Rovers SA, an investment adviser
registered under Section 203 of the Investment Advisers Act.
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Cohen & Steers, Inc. holds a 100% interest in Cohen & Steers
Capital Management, Inc. an investment advisor registered
under Section 203 of the Investment Advisers Act, and holds
a 50% interest in Houlihan Rovers SA, an investment adviser
registered under Section 203 of the Investment Advisers Act.
Page 7 of 8 Pages
Item 9. NOTICE OF DISSOLUTION OF GROUP
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the control
of the issuer of such securities and were not acquired in connection
with or as a participant in any transaction having such purposes or
effect.
Signature
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
Date: January 10, 2006
Cohen & Steers, Inc.
Cohen & Steers Capital Management, Inc.
By:
/s/ Robert Steers
____________________________________________
Signature
Robert H. Steers, Co-Chairman and Co-CEO
____________________________________________
Name and Title
Page 8 of 8 Pages
Joint Filing Agreement
The undersigned each hereby agree that the Schedule 13G dated January 10, 2006,
which relates to the common stock of American Investment & Mgmnt Co, is to be
filed jointly on behalf of each of them for the reasons stated therein, and
any amendments thereto shall be filed jointly by the undersigned.
Dated: Januar 10, 2006
Cohen & Steers, Inc.
Cohen & Steers Capital Management, Inc.
/s/ Robert Steers
____________________________________________
Robert Steers, Co-Chairman and Co-CEO