Preferred Apartment Communities, Inc. Completes the Acquisition of a 250-Unit Multifamily Community in the Atlanta, Georgia MSA

Preferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today completed the acquisition of The Ellison, a 250-Unit Class A multifamily community in Kennesaw, Georgia, a strong and growing submarket in the Atlanta MSA. The Ellison is c