Preferred Apartment Communities, Inc. To Be Added to the MSCI U.S. REIT Index (RMZ) Wed, 15 Nov 2017 21:26:00 +0000 The MSCI U.S. REIT Index is a free float-adjusted market capitalization index that is comprised of Equity REITs, which represent about 99% of the U.S. REIT universe, excluding Mortgage REITs and selected Specialized REITs. The securities are classified in the Equity REITs Industry (under the Real Estate sector) according to the Global Industry Classification Standard (GICS®). Preferred Apartment Communities, Inc. is a Maryland corporation formed primarily to acquire and operate multifamily properties in select targeted markets throughout the United States. As part of our business strategy, we may enter into forward purchase contracts or purchase options for to-be-built multifamily communities and we may make real estate related loans, provide deposit arrangements, or provide performance assurances, as may be necessary or appropriate, in connection with the development of multifamily communities and other properties. As a secondary strategy, we may acquire or originate senior mortgage loans, subordinate loans or real estate loans secured by interests in multifamily properties, membership or partnership interests in multifamily properties and other multifamily related assets and invest a lesser portion of our assets in other real estate related investments, including other income-producing property types, senior mortgage loans, subordinate loans or real estate loans secured by interests in other income-producing property types, membership or partnership interests in other income-producing property types as determined by our manager as appropriate for us. At September 30, 2017, the Company was the approximate 97.5% owner of Preferred Apartment Communities Operating Partnership, L.P., the Company's operating partnership. Preferred Apartment Communities, Inc. has elected to be taxed as a real estate investment trust under the Internal Revenue Code of 1986, as amended, commencing with its tax year ended December 31, 2011. Learn more at www.pacapts.com.
Preferred Apartment Communities, Inc. to Host Earnings Call Tue, 31 Oct 2017 12:25:00 +0000 NEW YORK, NY / ACCESSWIRE / October 31, 2017 / Preferred Apartment Communities, Inc. (NYSE: APTS ) will be discussing their earnings results in their Q3 Earnings Call to be held on October 31, 2017 at ...
Preferred Apartment Communities, Inc. Increases Quarterly Common Stock Dividend Mon, 23 Oct 2017 20:12:00 +0000 ATLANTA , Oct. 23, 2017 /PRNewswire/ -- Fourth Quarter 2017 Common Stock Dividend Preferred Apartment Communities, Inc. (NYSE: APTS), or PAC, today announced that its Board of Directors has declared a ...
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