Pref Apt Com

APTS NYSE
15.20
-0.09
-0.59%
After Hours: 15.20 0 0.00% 16:00 06/20 EDT
Open
15.40
Prev Close
15.29
High
15.42
Low
15.16
Volume
185.29K
Avg Vol (3M)
244.76K
52 Week High
18.60
52 Week Low
13.14
% Turnover
0.41%
Market Cap
659.44M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Preferred Apartment Communities, Inc. is a real estate investment trust (REIT). The Company is formed to acquire and operate multifamily properties in select targeted markets throughout the United States. It operates through segments, including multifamily communities, real estate related financing, new market properties and office buildings. The multifamily communities segment consists of its portfolio of owned residential multifamily communities. The real estate related financing segment consists of the Company's portfolio of real estate loans, bridge loans, and other instruments deployed by it to partially finance the development, construction, and prestabilization carrying costs of new multifamily communities and other real estate and real estate related assets. The new market properties segment consists of its portfolio of grocery-anchored shopping centers. The office buildings segment consists of its office buildings located in Atlanta, Georgia and Birmingham, Alabama and Texas.
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