About Preferred Apartment Communities

Preferred Apartment Communities, Inc. is a real estate investment trust engaged primarily in the ownership and operation of Class A multifamily properties, with select investments in grocery-anchored shopping centers. Preferred Apartment Communities’ investment objective is to generate attractive, stable returns for stockholders by investing in income-producing properties and acquiring or originating real estate loans.

On June 23, 2022, Blackstone Real Estate Income Trust completed its acquisition of Preferred Apartment Communities