APTS News and Press, Preferred Apartment Communities Inc. From 03/28/22

Berkshire Hathaway to acquire all outstanding Alleghany shares for $848.02 per share in cash, for a total equity value of approximately $11.6 billion. This is one of the five largest acquisitions in Berkshire's history and it ends Buffett's six-year drought of large acquisitions. ...

The REIT sector failed to bounce back after a brutal January, as REITs only managed a -0.27% average total return in February. Micro cap (+3.87%), mid cap (+0.37%) and small cap REITs (+0.13%) outperformed, whereas large caps (-3.41%) continued to suffer heavy losses. Only 39.66% ...

Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) announced today the expiration of the 30-day “go-shop” period set forth in the previously announced definitive merger agreement with Blackstone Real Estate Income Trust,...

The war in Ukraine has overshadowed any other market development in February. I have kept my portfolio intact and made a couple of purchases while divesting one small position. The combination of soaring inflation and geopolitical uncertainty has rattled markets but despite some d...

Sam Zell’s nickname is the Grave Dancer because of his ability to buy distressed or otherwise unloved companies and turn them into very worthwhile investments. The right companies are poised to snap up the right opportunities. Perhaps opportunities like the ones posed by th...

U.S. equity markets finished lower on another turbulent week as the Russian invasion of Ukraine triggered a historic surge in commodities prices and sparked a bid for safe-haven domestic assets. Now having declined in six of the nine weeks of 2022, the S&P 500 declined 1.3%, back ...

Preferred Apartment Communities (NYSE:APTS) declares $0.175/share quarterly dividend, in line with previous. Forward yield 2.73% Payable April 14; for shareholders of record March 15; ex-div March 14. See APTS Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

Projected income increased to $14,946 an increase of 9.4% over 2020's total. Blackstone Group made an offer on Preferred Apartments on which I had covered calls out. Funds were redistributed into O, NNN, and DHIL. Best Buy announced a whopper of a dividend increase on March 3 to g...

Preferred Apartment Communities (NYSE:APTS) beat fourth quarter consensus estimates, highlighted by growth in its portfolio and loan book. The REIT did not issue 2022 guidance due to the pending acquisition by Blackstone Real Estate Income Trust.  Q4 rental and other property revenues we...

Preferred Apartment Communities press release (NYSE:APTS): FY FFO of $1.10 beats by $0.03. Revenue of $451.1M beats by $16.16M. EPS of -$2.59 AFFO of $0.93 For further details see: Preferred Apartment Communities FFO of $1.10 beats by $0.03, revenue of $451.1M beats by $16.16M