Preferred Apartment Communities, Inc. is a Maryland corporation formed primarily to own and operate multifamily properties and, to a lesser extent, own and operate student housing properties, grocery-anchored shopping centers and strategically located, well leased class A office buildings, all 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. 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 March 31, 2019, the Company was the approximate 97.9% owner of Preferred Apartment Communities Operating Partnership, L.P., the Company's 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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• [06/14/2019 06:52 PDT] APTS Expected to Trade Down After Bearish Patterns Develop
• [06/07/2019 07:30 PDT] APTS Expected to Trade Up After Bullish Patterns Develop
• [05/16/2019 10:29 PDT] Preferred Apartment Communities, Inc. (NYSE:APTS), Up By 100.00% ($15.05) After BUYINS.NET SqueezeTrigger Report Released on Wednesday, April 10th 2019 at a Price of $15.050.
• [05/16/2019 10:11 PDT] Preferred Apartment Communities, Inc. (NYSE:APTS), Up By 100.00% ($14.92) After BUYINS.NET SqueezeTrigger Report Released on Friday, April 5th 2019 at a Price of $14.920.
• [05/02/2019 07:48 PDT] APTS Expected to Trade Up After Bullish Patterns Develop