Preferred Apartment Communities, Inc. (NYSE:APTS) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Conditions.
release announcing its financial results for first quarter 2017.
A copy of the earnings press release is furnished as Exhibit 99.1
to this report on Form 8-K.
being furnished and shall not be deemed “filed” for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), or otherwise subject to the liabilities of
that section. This information, including the exhibits, shall not
be incorporated by reference into any filing under the Securities
Act of 1933, as amended, or the Exchange Act, regardless of any
incorporation by reference language in any of those filings.
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99.1
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Press Release issued May 1, 2017, announcing the
financial results of Preferred Apartment Communities for first quarter 2017, including its Supplement Financial Data. |
About Preferred Apartment Communities, Inc. (NYSE:APTS)
Preferred Apartment Communities, Inc. is a real estate investment trust (REIT). The Company is formed primarily to acquire and operate multifamily properties in select-targeted markets throughout the United States. It operates through three segments: multifamily communities, retail and real estate related financing. The multifamily communities segment consists of owned residential multifamily communities. It owns approximately 20 multifamily communities with a total of over 6,140 units in over eight states. The retail segment consists of owned grocery-anchored shopping centers. The Company owns over 31 grocery-anchored centers across over seven Sunbelt states. It owns Champions Village, a Randalls-anchored shopping center. The financing segment consists of a portfolio of real estate loans, bridge loans and other financial instruments, which partially finance the development, construction and prestabilization carrying costs of multifamily communities and other real estate assets. Preferred Apartment Communities, Inc. (NYSE:APTS) Recent Trading Information
Preferred Apartment Communities, Inc. (NYSE:APTS) closed its last trading session up +0.22 at 14.37 with 150,592 shares trading hands.
