Previous 10 | Next 10 |
REIT industry rent collections in free-standing retail improved nearly 5% from August to ~95% in September while shopping centres saw a modest increase to over 81%, according to Nareit's monthly survey of FTSE Nareit All REITs Index' components.Shopping centres have been the worst hit retail ...
Mortgage defaults and evictions could rise if the government doesn't provide fresh fiscal aid to mitigate the economic effects of the COVID-19 pandemic, Fed Chair Jerome Powell said during testimony before the Senate Banking Committee today.For the time being, households are continuing to spe...
Preferred Apartment Communities (APTS) to sell its student housing portfolio to TPG Real Estate Partners for $478.7M.The transaction is expected to close in the fourth quarter of 2020. "This is consistent with our previously stated objectives to exit the student housing space, simplify o...
It has been more than a month now since I realized my new Lenovo laptop wasn’t going to work for me. I’ll also add that the undesirable experience has taught me to do my due diligence to a much greater extent when making such purchases. I'm glad we did our homework w...
Preferred Apartment Communities Announces Agreement to Sell its Student Housing Portfolio to TPG Real Estate Partners PR Newswire ATLANTA, Sept. 24, 2020 ATLANTA , Sept. 24, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) (the "Co...
Many apartment REITs remain at substantial discounts to NAV. There is a clear correlation with coastal properties and larger discounts to NAV. There are significant headwinds in those markets, but they won't last forever. There are two main dividend cutters in the section: BRG and...
Real Estate Weekly Outlook Is 2020 just getting started? On another choppy week, U.S. equity markets finished mostly lower despite a solid slate of economic and housing data and assurances from the Federal Reserve that it would keep interest rates near-zero indefinitely. In the midst of ...
Income investors should take a look at Preferred Apartment Communities (APTS), Prospect Capital (PSEC), Energy Transfer LP (ET), and Exxon Mobil (XOM), which are dividend paying stocks delivering between 9.2% and 20% on current prices. What if I told you that, even in this expensive stock ...
ATLANTA , Sept. 15, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that it has scheduled a special meeting of its common stockholders (the "Special Meeting") for November 5, 2020 at 9:00 a.m. Eastern Time to approve (i)...
There are a few things that annoy me. One of those things is seeing investors focus on the wrong metrics. Unfortunately, that happens frequently. Let's talk about the absurd reliance on FFO multiples for equity REIT investors. Are FFO multiples useful? Yes, they are useful. Are they the c...
News, Short Squeeze, Breakout and More Instantly...
Preferred Apartment Communities Inc. Company Name:
APTS Stock Symbol:
NYSE Market:
Preferred Apartment Communities Inc. Website:
Blackstone (NYSE: BX) and Preferred Apartments Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced that Blackstone Real Estate Income Trust, Inc. (“BREIT”) has completed its previously announced acquisition of PAC for $25.00 ...
Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) announced that, at the reconvened special meeting of stockholders (the “Special Meeting”) held today, its stockholders approved the acquisition of PAC by Blackstone Real...
Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC”) today announced that independent proxy advisory firm Egan-Jones Proxy Services has recommended that PAC stockholders vote “ FOR ” the previously announced all-cash acquisition of PAC by Blackstone...