APTS News and Press, Preferred Apartment Communities Inc. From 06/07/22

Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) announced that it adjourned today's Special Meeting of Stockholders (the “Special Meeting”) until June 17, 2022. The Company today convened and then adjourned the Sp...

FTSE Russell has released a preliminary lists of companies set to join or leave the Russell Microcap Index as part of its 2022 annual reconstitution. 76 companies are shifting up from the Russell Microcap Index which consists of 25 financial allocated companies. Following is a list of to...

Preferred Apartment Communities (NYSE:APTS) scheduled special meeting to approve the all-cash acquisition by Blackstone Real Estate Income Trust is scheduled for June 7, 2022. On merger completion, PAC stockholders will be entitled to receive $25 in cash, without interest and less any applica...

All Stockholders are Encouraged to Vote Today ! Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") is reminding all stockholders that its previously scheduled special meeting to approve the all-cash acquisition by Blackstone Real Estate Income Tr...

Things have changed drastically over the past six weeks in the market. Volatility has spiked, and prices have retraced back to levels not seen in 12 months. Already, two REITs have agreed to takeovers by Blackstone in April, and two more REITs are in play today. We believe the pot...

Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC”) today announced that Glass, Lewis & Co., another leading independent proxy advisory firm, has joined Institutional Shareholder Services Inc. (“ISS”) in recommending that stockholders vote “...

U.S. equity markets delivered broad-based this week- snapping a dismal skid of seven straight weekly declines - following solid retail and housing earnings results and inflation data showing signs of peaking price pressures. Climbing out of "bear-market" territory with its best weekly...

Industrial REITs - a perennial performance leader in recent years - have been slammed over the past month with declines of 20-30% after Amazon announced plans to cut costs in its logistics network. Amazon has pumped the brakes on its aggressive pandemic-fueled footprint expansion...

Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC”) today announced that a leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has recommended that stockholders vote “ FOR ” the previously announced...

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...