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United Kingdom

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. 

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