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Preferred Apartment Communities Inc (APTS.N)

APTS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Preferred Apartment Communities Announces Acquisition Of Multifamily Community In Jacksonville, Florida
Wednesday, 10 Jan 2018 

Jan 9 (Reuters) - Preferred Apartment Communities Inc ::PREFERRED APARTMENT COMMUNITIES INC ANNOUNCES ACQUISITION OF A 265-UNIT MULTIFAMILY COMMUNITY IN JACKSONVILLE, FLORIDA.PREFERRED APARTMENT COMMUNITIES - FINANCED DEAL WITH NON-RECOURSE FIRST MORTGAGE LOAN.  Full Article

Preferred Apartment Communities Announces Acquisition Of A 255-Unit Multifamily Community In Virginia Msa
Thursday, 21 Dec 2017 

Dec 20 (Reuters) - Preferred Apartment Communities Inc ::PREFERRED APARTMENT COMMUNITIES, INC. ANNOUNCES ACQUISITION OF A 255-UNIT MULTIFAMILY COMMUNITY IN THE RICHMOND, VIRGINIA MSA.  Full Article

Preferred Apartment Communities To Acquire Grocery-Anchored Shopping Center Through Subsidiary
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Preferred Apartment Communities Inc ::PREFERRED APARTMENT COMMUNITIES, INC. ANNOUNCES ACQUISITION OF A GROCERY-ANCHORED SHOPPING CENTER THROUGH ITS WHOLLY-OWNED SUBSIDIARY, NEW MARKET PROPERTIES, LLC.PREFERRED APARTMENT COMMUNITIES - FINANCED DEAL WITH NON-RECOURSE FIRST MORTGAGE LOAN.  Full Article

Preferred Apartment Communities Announces Acquisition Of A Grocery-Anchored Shopping Center Through Its Wholly-Owned Unit, New Market Properties LLC
Friday, 1 Dec 2017 

Nov 30 (Reuters) - Preferred Apartment Communities Inc ::PREFERRED APARTMENT COMMUNITIES, INC. ANNOUNCES ACQUISITION OF A GROCERY-ANCHORED SHOPPING CENTER THROUGH ITS WHOLLY-OWNED SUBSIDIARY, NEW MARKET PROPERTIES, LLC.PREFERRED APARTMENT COMMUNITIES, INC. ANNOUNCES ACQUISITION OF A GROCERY-ANCHORED SHOPPING CENTER THROUGH ITS WHOLLY-OWNED SUBSIDIARY, NEW MARKET PROPERTIES, LLC.PREFERRED APARTMENT COMMUNITIES INC - ‍ GROCERY-ANCHORED SHOPPING CENTER WAS PURCHASED ALL CASH AND DOES NOT HAVE ANY MORTGAGE FINANCING​.  Full Article

Preferred Apartment Communities announces acquisition of a 180-unit multifamily community in Tampa, Florida
Wednesday, 22 Nov 2017 

Nov 21 (Reuters) - Preferred Apartment Communities Inc :Preferred Apartment Communities, Inc. announces acquisition of a 180-unit multifamily community in Tampa, Florida.Preferred Apartment Communities Inc - ‍Pac acquired this community through a wholly-owned subsidiary​.Preferred Apartment Communities-Pac financed acquisition utilizing a non-recourse first mortgage loan from fannie mae originated by Berkadia commercial​.Preferred Apartment Communities- ‍first mortgage loan is about $22.2 million, bears interest at a fixed rate of 3.95% per annum, has a seven-year term​.  Full Article

Preferred Apartment Communities announces acquisition of Class A office property Texas
Tuesday, 14 Nov 2017 

Nov 13 (Reuters) - Preferred Apartment Communities Inc :Preferred Apartment Communities, Inc. announces acquisition of a Class A office property in San Antonio, Texas through its wholly-owned subsidiary, Preferred Office Properties, LLC.Preferred Apartment Communities - ‍company financed acquisition utilizing a non-recourse first mortgage loan from Allianz Real Estate of America LLC​.  Full Article

Preferred Apartment Communities sees FY 2017 core FFO of $1.43/share to $1.46/share
Tuesday, 31 Oct 2017 

Oct 30 (Reuters) - Preferred Apartment Communities Inc :Quarterly FFO $0.36 per weighted average basic share of common stock and unit outstanding.Quarterly core FFO $0.38 per weighted average basic share of common stock and unit outstanding.Preferred Apartment Communities, Inc. reports results for third quarter 2017.Sees FY 2017 core FFO per share $1.43 to $1.46.Sees FY 2017 revenue $285 million to $315 million.  Full Article

Preferred Apartment Communities increases qtrly common stock dividend
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - Preferred Apartment Communities Inc ::Preferred Apartment Communities Inc increases quarterly common stock dividend.Preferred apartment communities inc - ‍board of directors has declared a quarterly dividend on its common stock of $0.25 per share for Q4 of 2017​.Preferred apartment communities - ‍new dividend is increase of $0.015 per share or about 6.4% over prior quarterly dividend rate​.  Full Article

Preferred Apartment Communities acquires 9-story office building
Tuesday, 30 Aug 2016 

Preferred Apartment Communities Inc : Preferred Apartment Communities Inc announces acquisition of a 9-story class A office building in Birmingham, Alabama .Financed deal using a first mortgage loan for about $32.4 million.  Full Article

Preferred Apartment Communities buys multifamily community
Thursday, 25 Aug 2016 

Preferred Apartment Communities Inc : Preferred apartment communities announces acquisition of a 290-unit multifamily community in Jacksonville, Florida . Prudential intends to assign this loan to Fannie Mae within 60 days of closing .Financed deal utilizing a first mortgage loan from Prudential multifamily mortgage for approximately $33.6 million.  Full Article

BRIEF-Preferred Apartment Communities To Acquire Grocery-Anchored Shopping Center Through Subsidiary

* PREFERRED APARTMENT COMMUNITIES, INC. ANNOUNCES ACQUISITION OF A GROCERY-ANCHORED SHOPPING CENTER THROUGH ITS WHOLLY-OWNED SUBSIDIARY, NEW MARKET PROPERTIES, LLC