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Preferred Apartment Communities, Inc. Announces Date Of Second Quarter 2012 Earnings Release And Conference Call

ATLANTA, July 10, 2012 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE MKT: APTS), today announced plans to release its second quarter 2012 earnings after the market closes on Monday, August 6, 2012.

Following are the details of a conference call Preferred Apartment Communities will host on Tuesday, August 7, 2012 at 11:00 a.m. Eastern Time to discuss its second quarter 2012 results.  To participate in the conference call, please dial in to the following:

Live Conference Call Details

Domestic Dial-in Number:  (877) 317-6789International Dial-in Number:  (412) 317-6789Company: Preferred Apartment Communities, Inc.Date:  Tuesday, August 7, 2012Time:  11:00 a.m. Eastern Time ( 8:00 a.m. Pacific Time)

The live broadcast of Preferred Apartment Communities' second quarter conference call will be available online, on a listen-only basis, at the company's website, 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, as determined by our manager as appropriate for us.  Preferred Apartment Communities, Inc. 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.

SOURCE Preferred Apartment Communities, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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