Preferred Apartment Communities
Highly Engaged Employees
Real Estate · Georgia, United States · 201-500 Employees
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Overview
Headquarters
3284 Northside Pkwy NW Ste 300, Atlanta,...Phone Number
(770) 818-4100Website
www.pacapts.comRevenue
$439.7 MillionIndustry
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Stock Offering
$45M
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Preferred Apartment Communities News & Media
Priority Income Fund Announces 11.1% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” Common Shareholder Distributions for December 2022 through February 2023 and Preferred Stock Distributions for December 2022
NEW YORK, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund’s board of directors has declared additional steady monthly cash “base” common shareholder distributions as well as an increased quarterly cash “bonus” common shareholder distribution.Priority Income Fund Achieves Record Common Equity Fundraise of $52.4 Million in September Quarter
NEW YORK, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund, through its dealer manager Preferred Capital Securities, raised $52.4 million of common equity during the September 2022 quarter, representing the highest quarterly total in the Fund’s history. Since inception, the Fund has raised $1.0 billion in cumulative capital (including commitments under the Fund’s credit facility).Priority Income Fund Secures Upsized $40 Million Revolving Credit Facility with Longer Maturity and Lower Interest Rate
NEW YORK, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund has entered into a new $40 million revolving credit facility (“Facility”), increasing and replacing a prior $35 million facility. The Fund has an accordion feature to increase to $75 million if mutually agreed by the Fund and Facility provider.Priority Income Fund Achieves Record Average Weekly Common Equity Fundraise in August, with an
NEW YORK, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund, through its dealer manager Preferred Capital Securities,
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Frequently Asked Questions Regarding Preferred Apartment Communities
Founded in 2009 Preferred Apartment Communities, Inc. is a Maryland corporation formed primarily to own and operate multifamily properties and, to a lesser extent, own and operate student housing properties, grocery anchored shopping centers, and Class A office buildings throughout the United States. The company is headquartered in Atlanta, Georgia... Read More