In 1971, while in law school, Considine helped lead the IPO of CC&F Land Trust. In 1975, after the 1973–74 stock market crash, he founded The Considine Companies. In 1981, he acquired the El Cortez Hotel for $6 million in partnership with Bass Brothers Realty Corporation. The hotel was sold in 1987. In 1987, he acquired 75% of McDermott, Stein and Ira Marketing Management, the largest fee-operated apartment management company in Denver. Considine is the Founder, Chairman and CEO of Aimco, whose shares are included in the S&P 500. As one of the largest owners and operators of apartment homes in the United States, Aimco provides apartment homes in 17 states and the District of Columbia. In 1994, he executed an initial public offering of Aimco. The company is listed on the NYSE and has been named a Top Place to Work by the Denver Post for seven consecutive years.
Politics
In 1986, Considine ran unsuccessfully for the Republican nomination to the U.S. Senate. His campaign adviser was Roger Ailes. The campaign was thrown into controversy after he called immigrants from Latin America "wetbacks". In 1987, Considine went on to serve in the Colorado State Senate and served as a republican member from 1987 to 1992. He was the primary organizer of an initiative that led to Colorado being the first state to impose term limits on the governor and state legislature. He left the state Senate early in 1992 to pursue the open seat in the United States Senate created by the decision of DemocratTim Wirth to forgo a bid for a second term. Considine was defeated in the 1992 general election by Democrat Ben Nighthorse Campbell.
Philanthropy
Considine and his wife Betsy Callaway Considine provide charitable support, primarily to education and faith-based causes, including Compositive Primary, a workplace primary school located on the Anschutz Medical Campus in Aurora, CO. Considine and his wife have established the Considine Family Foundation. In 2017, it endowed a Harvard Law School professorship in honor of the late Antonin Scalia. Through Aimco, Considine helps lead the company’s charitable efforts with an emphasis on supporting U.S. military veterans and helping make college attainable for lower-income residents within affordable housing communities.
Considine has been married for 42 years to his wife Betsy Callaway Considine. The couple are actively involved in education reform and ranching in western Colorado. They have three adult children and three grandchildren.
