Its balance sheet is also projected to improve. However, Aimco is revamping its portfolio through property sales and reinvesting the proceeds in select apartment homes with higher rents, superior margins and greater-than-expected growth. While it is a strategic fit on part of the company to sell its non-core assets and buy property in higher-growth infill areas, the dilutive impact on earnings from such asset dispositions cannot be avoided either in the near term. For third-quarter 2016, Aimco provided pro forma FFO guidance in a band of 52–56 cents per share.