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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 Sets Quarterly Dividend Of $0.26 Per Share
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Preferred Apartment Communities Inc ::PREFERRED APARTMENT COMMUNITIES, INC. INCREASES QUARTERLY COMMON STOCK DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.26PER SHARE.NEW DIVIDEND IS AN INCREASE OF $0.005 PER SHARE OVER PRIOR QUARTERLY DIVIDEND RATE FOR Q3 OF 2018.  Full Article

Preferred Apartment Communities Inc Announces Acquisition Of A 300-Unit Multifamily Community
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Preferred Apartment Communities Inc ::PREFERRED APARTMENT COMMUNITIES, INC. ANNOUNCES ACQUISITION OF A 300-UNIT MULTIFAMILY COMMUNITY IN TAMPA, FLORIDA.  Full Article

Preferred Apartment Communities Announces Acquisition Of A "Class A" Office Property In Raleigh
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Preferred Apartment Communities Inc ::ANNOUNCES ACQUISITION OF A "CLASS A" OFFICE PROPERTY IN RALEIGH, NORTH CAROLINA THROUGH ITS WHOLLY-OWNED SUBSIDIARY, PREFERRED OFFICE PROPERTIES, LLC.FINANCED ACQUISITION UTILIZING NON-RECOURSE FIRST MORTGAGE LOAN FROM NEW YORK LIFE INSURANCE COMPANY.1ST MORTGAGE LOAN IS ABOUT $114.4 MILLION, BEARS INTEREST AT FIXED RATE OF 4.27% PER ANNUM, HAS TEN-YEAR TERM.  Full Article

Preferred Apartment Communities Acquires A Grocery-Anchored Shopping Center Through Its Subsidiary
Monday, 9 Jul 2018 

July 9 (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 - FINANCED ACQUISITION UTILIZING A NON-RECOURSE FIRST MORTGAGE LOAN FROM NATIONWIDE.PREFERRED APARTMENT COMMUNITIES INC - ACQUIRED THESE ASSETS THROUGH ITS WHOLLY-OWNED SUBSIDIARY NEW MARKET PROPERTIES, LLC.  Full Article

Preferred Apartment Announces Acquisition Of A Grocery-Anchored Shopping Center
Monday, 2 Jul 2018 

July 2 (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.  Full Article

Preferred Apartment Communities Acquires A Student Housing Community In Lubbock, Texas
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Preferred Apartment Communities Inc ::PREFERRED APARTMENT COMMUNITIES, INC. ANNOUNCES ACQUISITION OF A STUDENT HOUSING COMMUNITY IN LUBBOCK, TEXAS.PREFERRED APARTMENT COMMUNITIES INC - FINANCED ACQUISITION UTILIZING A NON-RECOURSE FIRST MORTGAGE BRIDGE LOAN FROM TH COMMERCIAL MORTGAGE LLC.PREFERRED APARTMENT COMMUNITIES INC - FIRST MORTGAGE LOAN IS APPROXIMATELY $29.0 MILLION.  Full Article

Preferred Apartment Communities Acquires A Student Housing Community In Texas
Thursday, 10 May 2018 

May 10 (Reuters) - Preferred Apartment Communities Inc ::PREFERRED APARTMENT COMMUNITIES, INC. ANNOUNCES ACQUISITION OF A STUDENT HOUSING COMMUNITY IN COLLEGE STATION, TEXAS.PREFERRED APARTMENT COMMUNITIES INC - FINANCED ACQUISITION UTILIZING A NON-RECOURSE FIRST MORTGAGE BRIDGE LOAN FROM MACQUARIE GROUP.  Full Article

Preferred Apartment Communities Reports Qtrly Loss Per Share Of $0.14
Monday, 30 Apr 2018 

April 30 (Reuters) - Preferred Apartment Communities Inc ::PREFERRED APARTMENT COMMUNITIES, INC. REPORTS RESULTS FOR FIRST QUARTER ENDED 2018.SEES FY 2018 FFO PER SHARE $1.43 TO $1.47.SEES FY 2018 REVENUE $400 MILLION TO $440 MILLION.QTRLY FFO PER SHARE $0.37.QTRLY AFFO PER SHARE $0.26.QTRLY LOSS PER SHARE $0.14.  Full Article

Preferred Apartment Communities Announces Acquisition Of Two Grocery-Anchored Shopping Centers Through New Market Properties
Monday, 30 Apr 2018 

April 30 (Reuters) - Preferred Apartment Communities Inc ::PREFERRED APARTMENT COMMUNITIES, INC. ANNOUNCES ACQUISITION OF TWO GROCERY-ANCHORED SHOPPING CENTERS THROUGH ITS WHOLLY-OWNED SUBSIDIARY, NEW MARKET PROPERTIES, LLC.PREFERRED APARTMENT COMMUNITIES INC - ACQUIRED ASSETS THROUGH ITS WHOLLY-OWNED SUBSIDIARY NEW MARKET PROPERTIES, LLC.PREFERRED APARTMENT COMMUNITIES INC - ASSETS WERE PURCHASED ALL CASH.  Full Article

Preferred Apartment Communities announces Sudden Passing Of Co-Founder, Chairman, CEO, John Williams
Monday, 16 Apr 2018 

April 16 (Reuters) - Preferred Apartment Communities Inc ::PREFERRED APARTMENT COMMUNITIES, INC. ANNOUNCES SUDDEN PASSING OF CO-FOUNDER, CHAIRMAN AND CEO, JOHN A. WILLIAMS.PREFERRED APARTMENT COMMUNITIES - APPOINTED VICE-CHAIRMAN AND CHIEF INVESTMENT OFFICER DANIEL DUPREE TO SUCCEED WILLIAMS AS CHAIRMAN OF BOARD AND CEO.PREFERRED APARTMENT COMMUNITIES INC - LEONARD SILVERSTEIN APPOINTED VICE-CHAIRMAN OF BOARD, WILL CONTINUE AS PRESIDENT AND COO.  Full Article