APARTMENT INVESTMENT & MANAGEMENT CO
8-K/A, EX-23.1, 2000-12-04
REAL ESTATE INVESTMENT TRUSTS
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                                                                    EXHIBIT 23.1

                         CONSENT OF INDEPENDENT AUDITORS

We consent to the incorporation by reference in the Registration Statements
listed below of Apartment Investment and Management Company of (i) our report
dated November 10, 2000, with respect to the Combined Financial Statements of
Oxford Realty Financial Group Properties; (ii) our report dated November 10,
2000, with respect to the Combined Financial Statements of Oxford Holdings
Corporation and Subsidiaries, Oxford Realty Financial Group, Inc. and
Subsidiaries, ZIMCO Entities and Oxford Equities Corporation III; (iii) our
report dated November 10, 2000, with respect to the Consolidated Financial
Statements of ORFG Operations L.L.C. and Subsidiary; and (iv) our report dated
November 10, 2000, with respect to the Combined Financial Statements of Oxparc
L.L.C.s; all included in Amendment No. 1 to the Current Report (Form 8-K/A) of
Apartment Investment and Management Company dated September 20, 2000.

Form S-3 (No. 333-828)
Form S-3 (No. 333-8997)
Form S-3 (No. 333-17431)
Form S-3 (No. 333-20755)
Form S-3 (No. 333-4546)
Form S-3 (No. 333-36531)
Form S-3 (No. 333-36537)
Form S-3 (No. 333-4542)
Form S-8 (No. 333-4550)
Form S-8 (No. 333-4548)
Form S-8 (No. 333-14481)
Form S-8 (No. 333-36803)
Form S-8 (No. 333-41719)
Form S-4 (No. 333-49075)
Form S-3 (No. 333-47201)
Form S-8 (No. 333-57617)
Form S-4 (No. 333-60663)
Form S-8 (No. 333-70409)
Form S-3 (No. 333-61409)
Form S-3 (No. 333-69121)
Form S-3 (No. 333-75109)
Form S-4 (No. 333-60355)
Form S-8 (No. 333-75349)
Form S-3 (No. 333-77257)
Form S-3 (No. 333-77067)
Form S-3 (No. 333-81689)
Form S-3 (No. 333-92743)
Form S-3 (No. 333-31718)


                        /s/ REZNICK FEDDER AND SILVERMAN


Bethesda, Maryland
November 30, 2000


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