APTS News and Press, Preferred Apartment Communities Inc. From 05/23/22

Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced that, in connection with its previously announced acquisition by Blackstone Real Estate Income Trust, Inc. (“BREIT”), which, subject to PAC stockholder a...

U.S. equity markets extended a dismal stretch of declines to seven-straight weeks amid concerns over persistent inflation, slowing growth, and questions over the Fed's ability to engineer a "soft landing." The S&P 500 dipped another 3.0% on the week while the Dow Jones Industrial ...

Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that it has published its inaugural Environmental, Social and Governance (ESG) Report. While ESG values have long been core to the Company’s business practices, this publication provides a...

On Wall Street, many people look at big investors as "smart money." Basically, the idea is that whales like Blackstone (NYSE: BX) , which has over $900 billion in assets under management, have the financial resources to make extremely educated investment decisions. Right now, one of...

Nearly 200 REITs have reported earnings results over the past three weeks, providing critical information on the state of the real estate industry amid the extreme volatility in early 2022. Results were generally better-than-expected with roughly 85% of equity REITs beating consensus ...

Preferred Apartment Communities press release (NYSE:APTS): Q1 Revenue of $52.55M (+11.9% Y/Y). For further details see: Preferred Apartment Communities reports Q1 results

Total Revenues $104.9 million for Q1 2022; down 9.4% from Q1 2021 due primarily to absence of $18.7 million of office property revenues _____________ Net Loss per Share $(0.62) per share for Q1 2022; $0.11 per share improvement over Q1 2021 _____________ ...

The war in Ukraine continues to dominate market movements. I have started exiting one of my apartment REITs and predominantly focus on adding dividend income via select purchases. The combination of soaring inflation and geopolitical uncertainty has rattled markets and following t...

An unwelcome surprise is awaiting millions of renters across the country at the end of their lease term, many of which will see a double-digit rent increase on their renewal-offers. Apartment REITs continue to report stellar earnings results with record-setting rent growth near 20% wh...

Income is up to a record $15,079 and has met my goal of a 10% increase for 2022. Last month was important for dividend increases with the three largest positions increasing, these are AAPL, BX, and AMP. Apple's tiny increase is an issue as it is the largest holding and didn't meet...