Terry Considine

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Terry M. Considine
Born 1947 (age 70–71)
San Diego
Alma mater Harvard University
Occupation CEO of Aimco
Known for CEO of Aimco
Colorado State Senator
Home town Denver, Colorado

Terry M. Considine (born 1947) is a former Republican politician and is the founder, Chairman, and CEO of Aimco.[1] He is also a co-founder of and member of the board of directors of Club for Growth, a conservative organization.[2] He is also a member of the board of directors of the Bradley Foundation, a supporter of right-wing causes, [3] and Intrepid Potash.[4]

Biography[edit]

Early life and education[edit]

Considine was born in San Diego to a well-off family as the 4th of 11 children and was raised on a cattle ranch.[5]

In 1968, he graduated from Harvard University with a Bachelor of Arts degree and, in 1971, he received a Juris Doctor, also from Harvard.[1]

Career[edit]

In 1975, after the 1973–74 stock market crash, he founded The Considine Companies.

In 1981, he moved to Colorado and became involved in politics through his father-in-law, former Georgia U.S. Representative Howard Callaway. He also acquired the El Cortez Hotel for $6 million in partnership with Bass Brothers Realty Corporation. The hotel was sold in 1987.[6]

In 1987, he acquired 75% of McDermott, Stein and Ira Marketing Management (MSI), the largest fee-operated apartment management company in Denver.

In 1986, Considine ran for the Colorado Senate. His campaign adviser was Roger Ailes. His campaign for the Republican nomination was thrown into controversy after he called immigrants from Latin America "wetbacks".[7] Considine then spent $500,000 on an advertising campaign and went on to win the general election. From 1987 to 1992, he served as a Republican member of the Colorado Senate.[1]

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.[8]

He left the state Senate early in 1992 to pursue the open seat in the United States Senate created by the decision of Democrat Tim Wirth to forgo a bid for a second term.[8] Considine was defeated in the 1992 general election by Democrat Ben Nighthorse Campbell.[9]

In 1994, he executed an initial public offering of Aimco.[5]

In 2017, he was inducted into the Colorado Business Hall of Fame by Junior Achievement-Rocky Mountain and the Denver Metro Chamber of Commerce.[5]

Personal life[edit]

Considine is married to Betsy Callaway Considine; the couple has 3 children. They own a massive ranch in Colorado.

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.[10]

References[edit]

External links[edit]

Party political offices
Preceded by
Ken Kramer
Republican Party nominee for United States Senator from Colorado (Class 3)
1992
Succeeded by
Ben Nighthorse Campbell