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 ...
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 March 31, 2017, the Company was the approximate 96.8% 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.
Public Symbol
APTS
Founded Year
2009
Organization Website
pacapts.com
Organization Languages
English
Organization Revenue
200100
Current Technologies
outlook
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apache
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nginx
mobile friendly
hotjar
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Job Functions
Consulting
Accounting
Marketing
Sales
Finance
Operations
Information Technology
multifamily
real estate
investment
community
commercial real estate
real estate investment trust
apartments
properties
communities
Belinda Chappell's Work History and Education
Preferred Apartment Communities, Inc. (NYSE: APTS)
Assistant Manager
2016 - Present
Colleagues at
Preferred Apartment Communities Inc Nyse Apts