ATLANTA, Jan. 31, 2017 /PRNewswire/ --
Earnings Release and Conference Call
Preferred Apartment Communities, Inc. (NYSE: APTS) today announced plans to release its fourth quarter and year-end 2016 earnings after the market closes on Monday, February 27, 2017.
Following are the details of a conference call Preferred Apartment Communities will host on Tuesday, February 28, 2017 at 11:00 a.m. Eastern Time to discuss its fourth quarter and year-end 2016 results. To participate in the conference call, please dial in to the following:
Live Conference Call Details
Domestic Dial-in Number: (844) 890-1791
International Dial-in Number: (412) 380-7408
Company: Preferred Apartment Communities, Inc.
Date: Tuesday, February 28, 2017
Time: 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time)
The live broadcast of Preferred Apartment Communities' fourth quarter and year-end conference call will be available online, on a listen-only basis, at the company's website, www.pacapts.com, under "Investors" and then click on the "Webcasts & Audio" link. A replay of the call will be archived on Preferred Apartment Communities' website under Investors/Audio Archive.
About Preferred Apartment Communities, Inc.
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 September 30, 2016, the Company was the approximate 96.5% owner of Preferred Apartment Communities Operating Partnership, L.P., or the 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.
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SOURCE Preferred Apartment Communities, Inc.