Shares of Apartment Investment & Management on Tuesday rose a day after the company said it is selling several properties in Miami for $520 million. The stock was up 7.8% to $9.05 in morning trading.
The top sale, an $89 million deal for two oceanfront houses on Gin Lane in Southampton, was unusual in that it was auctioned at Sotheby's Concierge Auctions in Manhattan. The rest sold either through ...