$APTS News

Last published 2y ago

2y agoCRD APTSJoel Murphy Elected to Crawford & Company® Board of DirectorsBusiness WireExtending Crawford Board to Ten Directors Crawford & Company® (NYSE:CRD) is pleased to announce the appointment of Joel Murphy as an independent director, effective June 25, 2024. Murphy boasts an
4y agoAPTS BXBlackstone Real Estate Income Trust Completes $5.8 Billion Acquisition of Preferred Apartment Communities, Inc.Business WireBlackstone (NYSE:BX) and Preferred Apartments Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that Blackstone Real Estate Income Trust, Inc. ("BREIT") has completed its previously announced acquisition of PAC for $25.00 per share
4y agoAPTS PSECNewStar Exchange Announces Acquisition of Newly Constructed Built-to-Rent ("BTR") Community in The Villages, FloridaPR NewswireATLANTA, June 21, 2022 /PRNewswire/ -- NewStar Exchange (the "Company") announced today its acquisition of The Residences at Village Park Center, a built-to-rent single family residential community located in The Villages, approximately 55 miles northwe
4y agoAPTSPreferred Apartment Communities, Inc. Stockholders Approve Acquisition by Blackstone Real Estate Income TrustBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") announced that, at the reconvened special meeting of stockholders (the "Special Meeting") held today, its stockholders approved the acquisition of PAC by Blackstone Real Estate I
4y agoAPTSPreferred Apartment Communities, Inc. Announces Proxy Advisory Firms ISS, Glass Lewis and Egan-Jones All Recommend Stockholders Vote "FOR" Proposed Acquisition by Blackstone Real Estate Income Trust, Inc.Business WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC") today announced that independent proxy advisory firm Egan-Jones Proxy Services has recommended that PAC stockholders vote "FOR" the previously announced all-cash acquisition of PAC by Blackstone
4y agoAPTSPreferred Apartment Communities, Inc. Announces Re-Opening of Warrant ExercisesBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that PAC has re-opened exercises of warrants to purchase shares of Common Stock of the Company (the "Company Warrants") due to the adjournment of the special meet
4y agoAPTSPreferred Apartment Communities, Inc. Announces Adjournment of Special Meeting of Stockholders Until June 17, 2022Business WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") announced that it adjourned today's Special Meeting of Stockholders (the "Special Meeting") until June 17, 2022. The Company today convened and then adjourned the Special Meet
4y agoAPTSPreferred Apartment Communities, Inc.'s Special Meeting to Approve the All-Cash Acquisition by Blackstone Real Estate Income Trust is Scheduled for June 7thBusiness WireAll Stockholders are Encouraged to Vote Today! Preferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") is reminding all stockholders that its previously scheduled special meeting to approve the all-cash acquisition by Blackstone Re
4y agoAPTSPreferred Apartment Communities, Inc. Announces Proxy Advisory Firm Glass Lewis Joins ISS in Recommending Stockholders Vote "FOR" Proposed Acquisition by Blackstone Real Estate Income Trust, Inc.Business WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC") today announced that Glass, Lewis & Co., another leading independent proxy advisory firm, has joined Institutional Shareholder Services Inc. ("ISS") in recommending that stockholders vote "FOR" t
4y agoAPTSPreferred Apartment Communities, Inc. Announces Proxy Advisory Firm ISS Recommends Stockholders Vote "FOR" Proposed Acquisition by Blackstone Real Estate Income Trust, Inc.Business WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC") today announced that a leading independent proxy advisory firm Institutional Shareholder Services Inc. ("ISS") has recommended that stockholders vote "FOR" the previously announced all-cash acqui
4y agoAPTSPreferred Apartment Communities, Inc. Announces Suspension of Preferred Stock Redemptions and Warrant ExercisesBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that, in connection with its previously announced acquisition by Blackstone Real Estate Income Trust, Inc. ("BREIT"), which, subject to PAC stockholder approval a
4y agoAPTSPreferred Apartment Communities, Inc. Publishes Inaugural Environmental, Social and Governance ReportBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that it has published its inaugural Environmental, Social and Governance (ESG) Report. While ESG values have long been core to the Company's business practices, t
4y agoAPTSPreferred Apartment Communities, Inc. Reports Results for First Quarter 2022Business WireTotal Revenues $104.9 million for Q1 2022; down 9.4% from Q1 2021 due primarily to absence of $18.7 million of office property revenues _____________ Net Loss per Share $(0.62) per share for Q1 2022; $0.11 per share improvement over Q1 2021
4y agoAPTSPreferred Apartment Communities, Inc. Announces Expiration of "Go-Shop" Period Contained in Previously Announced Merger AgreementBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") announced today the expiration of the 30-day "go-shop" period set forth in the previously announced definitive merger agreement with Blackstone Real Estate Income Trust, Inc. ("B
4y agoAPTSPreferred Apartment Communities, Inc. Reports Results for Fourth Quarter 2021Business WireTotal Revenues $105.7 million for Q4 2021; $451.1 million for the year ended December 31, 2021 ———————— Net Loss Per Share $(0.31) per share for Q4 2021; $(2.59) per share for the year ended December 31, 2021 ————�
4y agoAPTSPreferred Apartment Communities, Inc. Announces Cancellation of Fourth Quarter and Year Ended 2021 Earnings CallBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that as a result of its proposed acquisition by Blackstone Real Estate Income Trust, Inc., the Company has cancelled its conference call to discuss its fourth qua
4y agoAPTS MGI RESN VHAQMoore Kuehn Encourages MGI, APTS, RESN and VHAQ Investors to Contact Law FirmGlobeNewswireNEW YORK, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair t
4y agoAPTS MGI RESNBRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Preferred Apartment Communities, Inc. (NYSE - APTS), MoneyGram International, Inc. (Nasdaq - MGI), Resonant Inc. (Nasdaq - RESN)PR NewswireBALA CYNWYD, Pa., Feb. 16, 2022 /PRNewswire/ -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky or Marc Ackerman at 855-576-4847. There is no cost or fina
4y agoAMC APTS CIDM NOK+1Thinking about buying stock in Virgin Galactic, Preferred Apartment Communities, Cinedigm, Nokia, or AMC Entertainment?PR NewswireNEW YORK, Feb. 16, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SPCE, APTS, CIDM, NOK, and AMC. T
4y agoAPTS BXPreferred Apartment Communities, Inc. to be Acquired by Blackstone Real Estate Income TrustBusiness WireAll-Cash Transaction For $25 Per Share of Common Stock Valued at Approximately $5.8 Billion Preferred Apartment Communities (NYSE:APTS) ("PAC" or the "Company") today announced that it has entered into a definitive agreement with Blackstone Real Esta
4y agoAPTS DRMA IRNT MAT+1Thinking about buying stock in Dermata Therapeutics, Ironnet, Preferred Apartment Communities, Mattel, or Viking Therapeutics?PR NewswireNEW YORK, Feb. 10, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DRMA, IRNT, APTS, MAT, and VKTX.
4y agoAPTSPreferred Apartment Communities, Inc. Announces Date of Fourth Quarter and Year Ended 2021 Earnings Release and Conference CallBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced plans to release its fourth quarter and year ended 2021 earnings after the market closes on Monday, February 28, 2022. Following are the details of a conferenc
4y agoAPTSNewStar Asset Management Announces Major Lease at Three Ravinia in Atlanta, GeorgiaPR NewswireATLANTA, Dec. 21, 2021 /PRNewswire/ -- NewStar Asset Management ("NewStar"), on behalf of Preferred Apartment Communities, Inc. ("APTS"), announced today the execution of a new, 15-year lease with Hapag-Lloyd, an international shipping and container tran
4y agoAPTSPreferred Apartment Communities, Inc. Announces Major Lease at Three Ravinia in Atlanta, GeorgiaBusiness Wire127,000 Square Foot Lease with Hapag-Lloyd Brings Percentage Leased to Approximately 94% Preferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") announced today that it has signed a new 15-year lease for approximately five floors a
4y agoAPTSPreferred Apartment Communities, Inc. Elects Daphne Jackson to Board of DirectorsBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that Daphne Bryson Jackson has been elected to its Board of Directors effective December 10, 2021. Ms. Jackson will serve as an independent director and is antici
4y agoAPTSPreferred Apartment Communities, Inc. Completes Disposition of Brookwood Center Office Building for $55.0 MillionBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced its disposition, on November 12th, of Brookwood Center, an office property located in Birmingham, Alabama, to Pope & Land, a highly regarded Atlanta-based real es
5y agoAPTSPreferred Apartment Communities, Inc. Reports Results for Third Quarter 2021Business WireTotal Revenues $111.0 million for Q3 2021; $345.4 million for the nine months ended September 30, 2021 ______________ Net Loss Per Share ($0.92) per share for Q3 2021; ($2.30) per share for the nine months ended September 30, 2021 _______
5y agoAPTSPreferred Apartment Communities, Inc. Announces Real Estate Loan Investment in Atlanta, Georgia MSA Multifamily DevelopmentBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that on November 3, 2021 it closed on a real estate loan investment of up to approximately $9.1 million in connection with Oxford Properties' plans to develop Bea
5y agoAPTSPreferred Apartment Communities, Inc. Announces Real Estate Loan Investment in Jacksonville, Florida Multifamily DevelopmentBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that on October 14, 2021 it closed on a real estate loan investment of up to approximately $16.6 million in connection with Catalyst Development Partners' plans t
5y agoAPTSPreferred Apartment Communities, Inc. Announces Date of Third Quarter 2021 Earnings Release and Conference CallBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced plans to release its third quarter 2021 earnings after the market closes on Monday, November 8, 2021. Following are the details of a conference call PAC will h
5y agoAPTSPreferred Apartment Communities, Inc. Acquires a 256-Unit Multifamily Community in the Charlotte, North Carolina MSABusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that on September 17, 2021 it completed the acquisition of Solis Chestnut Farm, a 256-Unit Class A multifamily community in the Charlotte, North Carolina MSA. T
5y agoAPTSPreferred Apartment Communities, Inc. Acquires a 240-Unit Multifamily Community in the Washington, D.C. MSABusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that on September 16, 2021, it completed the acquisition of The Kingson, a 240-Unit Class A multifamily community in Fredericksburg, Virginia. This press releas
5y agoAPTSPreferred Apartment Communities, Inc. Acquires a 301-Unit Multifamily Community in the Nashville, Tennessee MSABusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that on September 14, 2021, it completed the acquisition of The Anson, a newly constructed 301-Unit Class A multifamily community in the Nashville, Tennessee MSA.
5y agoAPTSPreferred Apartment Communities, Inc. Completes Disposition of Armour Yards Office Portfolio for Approximately $79.5 Million and Announces the Redemption of Approximately $36.9 Million of its 6.00% Series A Redeemable Preferred StockBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") closed today on its previously announced disposition of two office properties, Armour Yards and 251 Armour Yards (the "Armour Yards Portfolio"), to Northwood Investors for an agg
5y agoAPTSPreferred Apartment Communities, Inc. Announces Real Estate Loan Investment in Atlanta, Georgia MSA Multifamily DevelopmentBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that on August 11, 2021 it closed on a real estate loan investment of up to approximately $23.15 million in connection with Oxford Properties' plans to develop Cl
5y agoAPTSPreferred Apartment Communities, Inc. Reports Results for Second Quarter 2021Business WireTotal Revenues $118.7 million for Q2 2021; $234.4 million for the six months ended June 30, 2021 ______________ Net Loss Per Share $(0.64) per share for Q2 2021; $(1.38) per share for the six months ended June 30, 2021 ______________ C
5y agoAPTSPreferred Apartment Communities, Inc. Announces Redemption of Approximately $221 Million of its 6.00% Series A Redeemable Preferred StockBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that it intends to redeem 221,645 shares (the "Called Shares") of its 6.00% Series A Redeemable Preferred Stock (the "Series A Preferred Stock") on August 3, 2021
5y agoAPTS HIWHighwoods Closes Acquisition of Office Assets from Preferred Apartment Communities, Inc.GlobeNewswireAssetStrategyMarketSubmarket/BBDSF150 FayettevilleCoreRaleighCBD560,000CAPTRUST TowerCoreRaleighNorth Hills300,000Capitol TowersCoreCharlotteSouthPark479,000Morrocroft CentreCoreCharlotteSouthPark291,000Galleria 75 Redevelopment SiteCoreAtlantaCumberland
5y agoAPTS HIWPreferred Apartment Communities, Inc. Completes Disposition of Substantial Majority of its Office Portfolio to Highwoods Properties, Inc.Business WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") closed on its previously announced disposition of a portfolio of five office properties and one office real estate loan investment to Highwoods Properties, Inc. (NYSE:HIW) for an
5y agoAPTSPreferred Apartment Communities, Inc. to Release Second Quarter 2021 Results Monday, August 9thBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced plans to release its second quarter 2021 earnings after the market closes on Monday, August 9, 2021. Following are the details of a conference call PAC will ho
5y agoAPTSPreferred Apartment Communities, Inc. Acquires a 231-Unit Multifamily Community in the Dallas-Fort Worth MSABusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today completed the acquisition of Alleia at Presidio, a 231-Unit Class A multifamily community in Fort Worth, Texas. This press release features multimedia. View the full rele
5y agoAPTSPreferred Apartment Communities, Inc. Completes the Acquisition of a 250-Unit Multifamily Community in the Atlanta, Georgia MSABusiness WirePreferred 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
5y agoAPTSPreferred Apartment Communities, Inc. Announces Real Estate Loan Investment in Savannah, Georgia Multifamily DevelopmentBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that on May 28, 2021 it closed on a real estate loan investment of up to approximately $17.0 million in connection with Novare Group's plans to develop Populus at
5y agoAPTS CVSPreferred Apartment Communities, Inc. Announces Appointment of Joel T. Murphy to the Additional Position of Chairman of the Board and Howard A. McLure as Lead Independent DirectorBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that its Board of Directors has unanimously appointed Joel Murphy to the additional position of Chairman of the Board. Mr. Murphy will continue to serve as Presid
5y agoAPTSPreferred Apartment Communities, Inc. Announces 2021 Annual Meeting of StockholdersBusiness WirePreferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") will hold its 2021 Annual Meeting of Stockholders (the "Annual Meeting") virtually due to the public health impact of the COVID-19 pandemic and to support the health and well-bei
5y agoAPTSPreferred Apartment Communities, Inc. to Host Earnings CallACCESS NewswireNEW YORK, NY / ACCESSWIRE / May 11, 2021 / Preferred Apartment Communities, Inc. (NYSE:APTS) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 11, 2021 at 11:00 AM Eastern Time. To listen to the event
5y agoAPTSPreferred Apartment Communities, Inc. Reports Results for First Quarter 2021PR NewswireATLANTA, May 10, 2021 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE:APTS) ("we," "our," the "Company," "Preferred Apartment Communities" or "PAC") today reported results for the quarter ended March 31, 2021. Unless otherwise indicated, all
5y agoAPTS HIWPreferred Apartment Communities, Inc. Continues Simplification Strategy with Agreement for Transformational Office Portfolio SalePR NewswireATLANTA, April 19, 2021 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that the Company has entered into an agreement to sell a portfolio of seven office properties and one office real estate lo
5y agoAPTS HIWHighwoods Agrees to Acquire Office Assets from Preferred Apartment Communities, Inc.GlobeNewswireAssetStrategyMarketSubmarket/BBDSF150 FayettevilleCoreRaleighCBD560,000CAPTRUST TowerCoreRaleighNorth Hills300,000Capitol TowersCoreCharlotteSouthPark479,000Morrocroft CentreCoreCharlotteSouthPark291,000Galleria 75 Redevelopment SiteCoreAtlantaCumberland
5y agoAPTSPreferred Apartment Communities, Inc. Announces Date of First Quarter 2021 Earnings Release and Conference CallPR NewswirePreferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced plans to release its first quarter 2021 earnings after...