Private company

PREFERRED APARTMENT COMMUNITIES INC

PREFERRED APARTMENT COMMUNITIES INC is an American real estate investment trust based in Atlanta, no longer active.2

Last updated Oct 20, 2026.

Overview

  • IndustryReal Estate Investment Trusts2
  • HeadquartersAtlanta, United States2
  • Incorporated inMD3
  • Business address3284 Northside Parkway Nw, Suite 150, Atlanta, Ga 303273
  • Filer categoryAccelerated filer3
  • Legal formStock Corporation2
  • LEI549300KTZLVOW5TLLN892
  • StatusInactive2
  • LEI statusRetired2
  • Registered addressC/O Vcorp Services MD, Inc., 21201 Baltimore, United States2
  • Registered withBusiness Services (Maryland Department of Assessments and Taxation), D132296952

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

27.3%Operating margin4
4.5%Net margin4
-10.0%Revenue growth, 20214
2.0%Return on equity4
2.29×Debt to equity4

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Other costs73¢$328.3M
  • Interest23¢$102.4M
  • Profit5¢$20.4M

Out of $451.1M in revenue.4

Where each dollar of operating cash went, fiscal 2021

  • Dividends paid20¢$36.3M
  • Kept or used elsewhere80¢$145.8M

Out of $182.0M of cash from operations.4

Financial statements

Revenue5674$451.1M in 2021+313% since 2015
0$200.0M$400.0M$600.0M2015: $109.3M$109.3M20152016: $200.1M$200.1M2016+83%2017: $5.0M$5.0M2017−98%2018: $8.2M$8.2M2018+66%2019: $11.8M$11.8M2019+44%2020: $501.2M$501.2M2020+4149%2021: $451.1M$451.1M2021−10%
Operating income56784$123.0M in 2021+551% since 2015
-$100.0M-$50.0M0$50.0M$100.0M$150.0M2015: $18.9M$18.9M20152016: $34.4M$34.4M2016+82%2017: $97.0M$97.0M2017+182%2018: $139.8M$139.8M2018+44%2019: $101.8M$101.8M2019−27%2020: -$56.9M-$56.9M20202021: $123.0M$123.0M2021
Net income56784$20.4M in 2021
-$200.0M-$100.0M0$100.0M2015: -$2.4M-$2.4M20152016: -$9.5M-$9.5M2016+297%2017: $27.7M$27.7M20172018: $43.5M$43.5M2018+57%2019: -$7.2M-$7.2M20192020: -$177.8M-$177.8M2020+2354%2021: $20.4M$20.4M2021
Fiscal year2015201620172018201920202021
Revenue$109.3M5$200.1M6$5.0M7$8.2M7$11.8M7$501.2M4$451.1M4
Operating expenses$348.6M4
Operating income$18.9M5$34.4M6$97.0M7$139.8M8$101.8M4-$56.9M4$123.0M4
Interest$21.3M5$44.3M6$67.5M7$95.6M8$112.0M4$118.6M4$102.4M4
Income before tax$102.5M4
Net income-$2.4M5-$9.5M6$27.7M7$43.5M8-$7.2M4-$177.8M4$20.4M4
Earnings per share-$0.955-$2.116-$1.137-$1.088-$2.734-$6.954-$2.594
Shares (weighted, diluted)51.5M shares4

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Corporate structure

PREFERRED APARTMENT COMMUNITIES INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of PREFERRED APARTMENT COMMUNITIES INC

  • VANGUARD GROUP INC Filed SC 13G/A on PREFERRED APARTMENT COMMUNITIES INC, latest Feb 10, 2022
  • PREFERRED APARTMENT COMMUNITIES INC Atlanta, Georgia, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What PREFERRED APARTMENT COMMUNITIES INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$551.4M4 Dec 31, 2021$605.3M4 Dec 31, 2020−8.9%
Furniture and fixtures$359.7M4 Dec 31, 2021$306.7M4 Dec 31, 2020+17.3%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net$3.1B4 Dec 31, 2021$3.6B4 Dec 31, 2020−13.9%
Real estate investments, at cost$3.7B4 Dec 31, 2021$4.1B4 Dec 31, 2020−10.5%
Real estate accumulated depreciation$578.5M4 Dec 31, 2021$509.5M4 Dec 31, 2020+13.5%
Real estate properties104 Dec 31, 2021144 Dec 31, 2020−28.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$30.2M4 Dec 31, 2021$28.7M4 Dec 31, 2020+5.4%
Loans, net of allowance$9.0M4 Dec 31, 2021$10.9M4 Dec 31, 2020−17.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$59.6M4 Dec 31, 2021$127.1M4 Dec 31, 2020−53.1%
Accumulated amortization$166.2M4 Dec 31, 2021$169.7M4 Dec 31, 2020−2.1%

Leadership

Who has led PREFERRED APARTMENT COMMUNITIES INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Daniel M. Dupree2019

President

  1. Michael Aide2020–2022
  2. Parker Boone Dupree2020–2021

Chief financial officer

  1. John A. Isakson2019–2022
201520202025
Board members and other officers (17)

Timeline

  1. Jun 23, 20228-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer32
  2. Jun 17, 20228-K Shareholder vote; Other events33
  3. Jun 10, 20228-K Shareholder vote34
  4. Jun 8, 20228-K Other events35
  5. Jun 7, 20228-K Other events36
  6. May 27, 20228-K Other events37
  7. May 25, 20228-K Entered a material agreement; Other events38
  8. May 11, 20228-K Results of operations39
  9. May 9, 20228-K Results of operations40
  10. Mar 21, 20228-K Other events41
  11. Feb 28, 20228-K Results of operations42
  12. Feb 16, 20228-K Entered a material agreement; Bylaws or fiscal year changed; Regulation FD disclosure43
  13. Nov 13, 2019New chief executive Daniel M. Dupree becomes CEO12
  14. Sep 18, 2009Founded PREFERRED APARTMENT COMMUNITIES INC is founded2

Calendar

When it reported results

  1. May 11, 2022Reported quarterly or annual results39
  2. May 9, 2022Reported quarterly or annual results40
  3. Feb 28, 2022Reported quarterly or annual results42
  4. Nov 8, 2021Reported quarterly or annual results44

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

91 filings to the SEC since October 2021: 2 annual reports, 2 quarterly reports, 15 major events, 37 insider forms, 1 large holders, 34 other. The latest 20:

  1. Jul 5, 202215-12G PAC - FORM 15 EDGAR
  2. Jun 24, 2022EFFECT EDGAR
  3. Jun 24, 2022EFFECT EDGAR
  4. Jun 24, 2022EFFECT EDGAR
  5. Jun 24, 2022EFFECT EDGAR
  6. Jun 24, 2022EFFECT EDGAR
  7. Jun 24, 2022EFFECT EDGAR
  8. Jun 24, 2022EFFECT EDGAR
  9. Jun 23, 2022POS AM S-3 POS AM (333-214531) EDGAR
  10. Jun 23, 2022POS AM S-3 POS AM (333-211178) EDGAR
  11. Jun 23, 2022POS AM POS AM - S-3 (333-183355) EDGAR
  12. Jun 23, 2022POS AM S-3 POS AM (333-187925) EDGAR
  13. Jun 23, 2022POS AM S-3 POSAM (333-211924) EDGAR
  14. Jun 23, 2022POS AM S-3 POS AM (333-230457) EDGAR
  15. Jun 23, 2022POS AM S-3 POS AM (333-233576) EDGAR
  16. Jun 23, 2022S-8 POS S-8 POS (333-256780) EDGAR
  17. Jun 23, 2022S-8 POS S-8 POS (333-231394) EDGAR
  18. Jun 23, 2022S-8 POS S-8 POSAM (333-210281) EDGAR
  19. Jun 23, 2022S-8 POS S-8 POSAM (333-181165) EDGAR
  20. Jun 23, 2022S-8 POS S-8 POSAM (333-191418) EDGAR

The 91 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

4 open-market trades by officers, directors and large owners since October 2021: 4 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Apr 14, 2022BARTKOWSKI STEVEDirectorBuy428$24.90$10.6KForm 4
Jan 14, 2022BARTKOWSKI STEVEDirectorBuy594$17.76$10.5KForm 4
Nov 12, 2021Cannon John MDirectorBuy705$14.17$10.0KForm 4
Oct 15, 2021BARTKOWSKI STEVEDirectorBuy818$12.71$10.4KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How PREFERRED APARTMENT COMMUNITIES INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPREFERRED APARTMENT COMMUNITIES INC1
  • CIK0001481832
  • Employer ID (EIN)27-17121931
  • Filer statusAccelerated filer1
  • Incorporated inMaryland1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6798 Real Estate Investment Trusts1
  • Business address3284 Northside Parkway Nw, Suite 150, Atlanta, GA 303271
  • Phone770 818 41001
  • Shares outstanding64,442,963 as of May 3, 20229
  • Public float$499.4M as of Jun 30, 202146
  • On EDGAR sinceJul 30, 20101
  • Filings969 in all: 4 (377), 8-K (196), 10-Q (34), FWP (30), CORRESP (29), SC 13G/A (25), 8-K/A (24), DEFA14A (24)1
    All 47 form types

    3 (22), EFFECT (20), UPLOAD (19), 424B5 (17), 424B3 (14), S-11/A (13), SC 13G (13), DEF 14A (12), 10-K (11), POS AM (11), 4/A (9), 5 (8), S-3/A (8), S-3 (7), S-8 (5), S-8 POS (5), PRE 14A (4), 10-K/A (3), S-11 (3), 10-Q/A (2), 8-A12B (2), 8-A12G (2), CERTNYS (2), SC 13D (2), SC 13D/A (2), 15-12G (1), 25 (1), 25-NSE (1), 424B4 (1), 5/A (1), 8-A12B/A (1), ARS (1), AW (1), D (1), DEFM14A (1), DEFR14A (1), POS EX (1), PREM14A (1), RW (1)

  • Latest filingsAnnual report (10-K) Feb 28, 2022
    Quarterly report (10-Q) May 9, 2022
    Proxy statement (DEF 14A) Apr 15, 2021
    Latest 8-K (8-K) Jun 23, 2022

Sources

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