No insider purchase over the last 90 days. The latest, by BARTKOWSKI STEVE, was filed 20 Apr 2022.
This page follows insider dealings at Preferred Apartment Communities Inc as filed with SEC (Form 4), a company from the Real Estate sector. Preferred Apartment Communities Inc has had no insider filing for more than a year; the last one goes back to 23 June 2022.
This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2019 · cache
25 of 57 declarations
Preferred Apartment Communities, Inc. (“PAC”) was a U.S.-listed real estate company that traded on the NYSE under ticker APTS before its acquisition. For international investors, PAC was best understood as a diversified REIT focused on income-producing real estate rather than a single-asset niche vehicle. The company was formed as a Maryland corporation on September 18, 2009, elected REIT status beginning with the taxable year ended December 31, 2011, and was headquartered in Atlanta, Georgia, United States. PAC’s public filings and transaction documents consistently described the business as an owner and operator of multifamily communities, grocery-anchored retail centers, and, at certain points, office assets and real-estate-related financing investments. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1481832/000148183222000044/projectarchery-preliminary.htm?utm_source=openai))
Operationally, PAC’s core strategy centered on acquiring, owning, and managing high-quality apartment communities in select growth markets, while also building a portfolio of grocery-anchored shopping centers that provided recurring rental income. The company also used affiliated operating entities to manage assets and conduct substantially all of its business. In its SEC disclosures, PAC highlighted a portfolio mix that, at different times, included roughly 45 multifamily communities and 54 grocery-anchored retail assets, with additional office and financing exposure. That diversified structure gave the company multiple sources of cash flow, but it also made the investment case more sensitive to capital allocation discipline and asset mix decisions. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1481832/000148183222000044/projectarchery-preliminary.htm?utm_source=openai))
From a competitive standpoint, PAC operated in a crowded U.S. apartment REIT landscape dominated by larger peers with broader scale and lower funding costs. Its geographic emphasis was largely on Sun Belt and high-growth metropolitan markets, including Atlanta, Orlando, Tampa, Jacksonville, Charlotte, Houston, Nashville, and Raleigh. That footprint was attractive because these markets typically benefit from population inflows, job creation, and favorable long-term housing demand, but it also exposed PAC to fierce competition for acquisitions, rent growth normalization, and sensitivity to financing conditions. In other words, PAC’s market position was solid but not dominant; its appeal lay more in portfolio quality and market selection than in industry-wide scale leadership. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1481832/000148183222000044/projectarchery-preliminary.htm?utm_source=openai))
The most important recent corporate event was the Blackstone transaction. In February 2022, PAC announced that Blackstone Real Estate Income Trust (BREIT) would acquire all outstanding common shares for $25.00 per share in an all-cash deal valued at approximately $5.8 billion. SEC filings confirm that the merger closed on June 23, 2022, and that PAC’s common stock ceased public trading thereafter. As a result, APTS is no longer an active NYSE/NASDAQ-listed equity today, even though its historical SEC filings remain relevant for investors analyzing legacy insider Form 4 activity and pre-acquisition fundamentals. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1481832/000148183222000014/pressrelease-february162022.htm?utm_source=openai))
Overall, Preferred Apartment Communities was a U.S. apartment-and-retail REIT with a Sun Belt bias, a headquarters in Atlanta, and a public-market exit through Blackstone in 2022. For a French-speaking investor audience, it is best characterized as a former listed U.S. real estate platform whose business model combined multifamily ownership, grocery-anchored retail, and selective financing exposure. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1481832/000148183222000014/pressrelease-february162022.htm?utm_source=openai))