Preferred Apartment Communities, Inc. (APTS) News

Preferred Apartment Communities, Inc. (APTS): $25.00

0.02 (+0.08%)

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APTS News Highlights

  • For APTS, its 30 day story count is now at 29.
  • Over the past 28 days, the trend for APTS's stories per day has been choppy and unclear. It has oscillated between 1 and 11.
  • The most mentioned tickers in articles about APTS are PAC, LAW and SUN.

Latest APTS News From Around the Web

Below are the latest news stories about Preferred Apartment Communities Inc that investors may wish to consider to help them evaluate APTS as an investment opportunity.

Preferred Apartment Communities (APTS) Stock Moves -0.43%: What You Should Know

Preferred Apartment Communities (APTS) closed at $25.53 in the latest trading session, marking a -0.43% move from the prior day.

Yahoo | February 23, 2022

Preferred Apartment Communities, Inc. Announces Cancellation of Fourth Quarter and Year Ended 2021 Earnings Call

ATLANTA, February 23, 2022--Preferred 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 quarter and year ended 2021 earnings previously scheduled for Tuesday, March 1, 2022, at 11:00 a.m. Eastern Time. The Company intends to issue a press release detailing its fourth quarter and year ended 2021 earnings afte

Yahoo | February 23, 2022

Moore Kuehn Encourages MGI, APTS, RESN and VHAQ Investors to Contact Law Firm

NEW 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 to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies: MoneyGram International, Inc. (NASDAQ: MGI ) MoneyGram has agreed to merge with Madison Dearborn Partners. Under the proposed transaction, MoneyGram shareholders will receive $11.00 in cash per share. The investigation concerns whether MoneyGram''s board of directors oversaw an unfair process and ultimately agreed to an inadequate price. Preferred Apartment Communities, Inc. (NYSE: APTS ) P...

Benzinga | February 17, 2022

Preferred Apartment Communities (APTS) Stock Moves -0.39%: What You Should Know

In the latest trading session, Preferred Apartment Communities (APTS) closed at $25.70, marking a -0.39% move from the previous day.

Yahoo | February 17, 2022

Blackstone's REIT Shopping Spree Continues With a $5.8 Billion Apartment Deal

Blackstone Group (NYSE: BX) has been gobbling up real estate investment trusts (REITs) over the past year. The private-equity giant's latest deal will see it acquire Preferred Apartment Communities (NYSE: APTS), an apartment REIT focused on fast-growing Sun Belt markets. Blackstone is paying $5.8 billion for the REIT as it continues to spend big to buy apartments across the South.

Yahoo | February 17, 2022

11 Must Reads for the CRE Industry Today (Feb. 17, 2022)

Investors bought a record share of single-family homes in 2021 and The Washington Post analyzed where activity has picked up the most. Blackstone is buying Preferred Apartment Communities in a $5.8 billion deal. These are among today’s must reads from around the commercial real estate industry.

Wealth Management | February 16, 2022

Blackstone Expands Further Into Rental Housing in the U.S.

The private equity firm said it would acquire Preferred Apartment Communities, a real estate investment trust, for $6 billion as it seeks a hedge against inflation.

New York Times | February 16, 2022

Blackstone expands further into rental housing in the United States.

The private equity firm said it would acquire Preferred Apartment Communities, a real estate investment trust, for $6 billion as it seeks a hedge against inflation.

New York Times | February 16, 2022

Three large law firms craft $5.8 bln Blackstone real estate buy

Simpson Thacher & Bartlett is advising Blackstone Inc’s real estate investing arm on its roughly $5.8 billion acquisition of rental apartment owner Preferred Apartment Communities, which has turned to King & Spalding and Vinson & Elkins for guidance on the deal.

Reuters | February 16, 2022

Blackstone REIT To Buy Preferred Apartment Communities in $5.8 Billion Deal

Multifamily Transaction Also Includes Grocery Stores, Office Buildings and Debt Investments

CoStar | February 16, 2022


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