ATLANTA, April 26, 2012 /PRNewswire/ -- Preferred Apartment Communities, Inc. (AMEX: APTS), today announced plans to release its first quarter 2012 earnings on Monday, May 7, 2012 after the market closes.
Following are the details of a conference call Preferred Apartment Communities will host on Tuesday, May 8, 2012 at 11:00 a.m. Eastern Time to discuss its first quarter 2012 results. To participate in the conference call, please dial in to the following:
Live Conference Call DetailsDomestic Dial-in Number: (877) 317-6789 International Dial-in Number: (412) 317-6789 Company: Preferred Apartment Communities, Inc. Date: Tuesday, May 8, 2012 Time: 11:00 a.m. Eastern Time ( 8:00 a.m. Pacific Time) The live broadcast of Preferred Apartment Communities' first quarter conference call will be available online, on a listen-only basis, at the company's website, www.pacapts.com under Investors and then click on the "Upcoming Webcasts" link. A replay of the call will be archived on Preferred Apartment Communities' website under Investors/Archived Webcasts. About Preferred Apartment Communities, Inc. Preferred Apartment Communities, Inc. is a Maryland corporation formed primarily to acquire and operate multifamily properties in select targeted markets throughout the United States. As part of our property acquisition strategy, we may enter into forward purchase contracts or purchase options for to-be-built multifamily communities and we may make mezzanine loans, provide deposit arrangements, or provide performance assurances, as may be necessary or appropriate, in connection with the construction of these properties. As a secondary strategy, we also may acquire senior mortgage loans, subordinate loans or mezzanine debt secured by interests in multifamily properties, membership or partnership interests in multifamily properties and other multifamily related assets and invest not more than 10% of our total assets in other real estate related investments. Preferred Apartment Communities intends to elect and qualify as a real estate investment trust for U.S. federal income tax purposes, commencing with our tax year ended December 31, 2011.
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