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Apartment Investment director resigns

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Apartment Investment director resigns

Apartment Investmentand Management Co. director JamesBailey is stepping down, effective July 15.

Bailey has served on the company's board for 16 years. KathleenNelson, a private real estate consultant who has been a director of AIMCO for sixyears, was tapped to succeed Bailey as chairman of the board's nominating and corporategovernance committee.