Advertise, Promote, Attend, Create – Work with Connect.
A full service marketing and PR agency.
Meet the team behind the machine and taste a little of the secret sauce.

National CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

National  + Apartments  | 
Preferred Apartment Communities said it was exploring a sale of part or all of the company

Preferred Apartment Communities Soars on Takeover Speculation

By Ted Jackson

Preferred Apartment Communities shares are soaring after Bloomberg reported the multifamily and retail REIT is evaluating a sale of all or part of the company in response to expressions of interest.

Shares were up as much as 20% on the report in morning trade.

The possibility of a takeover comes after Reuters reported in late December that Arkhouse Partners was seeking to take control the board of directors of Preferred Apartment Communities, which has a market capitalization of $955 million

Connect

Inside The Story

Preferred Apartment Communities

About Connect CRE

  • ◦Sale/Acquisition
  • ◦Financing
NewPoint-12-cube
Chase-19-cubeAdvertisement
AshcroftCapital-06-cube
New call-to-action