Preferred Apartment Communities (APTS) Misses Q1 FFO by 4c

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Preferred Apartment Communities, Inc. Reports Results for First Quarter 2015

May 4, 2015 5:25 PM EDT

ATLANTA, May 4, 2015 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE MKT: APTS) (the "Company" or "Preferred Apartment Communities") today reported results for the quarter ended March 31, 2015.  Unless otherwise indicated, all per share results are reported based on the basic weighted average shares of Common Stock and Class A Units of the Company's operating partnership ("Class A OP Units") outstanding.

"We believe our first quarter 2015 operating results represent another good quarter for the Company and leave us well positioned... More