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Preferred Apartment quiet period ends May 11

Preferred Apartment Communities, a newly organized REIT formed to acquire modern multifamily properties in the US, will see its quiet period end on Wednesday, May 11. On March 31, the company raised $45.0 million by offering 4.5 million shares at $10. ...read more

Preferred Apartment prices IPO at $10

Preferred Apartment Communities, a newly organized REIT formed to acquire modern multifamily properties in the US, raised $45 million on Thursday by offering 4.5 million shares at the proposed $10.00. Preferred Apartment Communities will begin trading Friday on...read more

Newly formed REIT Preferred Apartment Communities announces IPO terms

Preferred Apartment Communities, a newly organized REIT formed to acquire multifamily properties in the US, announced terms for its IPO on Tuesday. The Atlanta, GA-based company plans to raise $45 million by offering 4.5 million Class A shares at an estimated...read more

Preferred Apartment files for a $75 million IPO

Preferred Apartment Communities, a newly organized REIT formed to acquire multifamily properties in the US, filed on Thursday with the SEC to raise up to $75 million in an initial public offering. The Atlanta, GA-based company, which was founded in 2009 and...read more

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