Preferred Apartment Communities, Inc. Announces Acquisition
June 25, 2013 at 16:15 PM EDT
Preferred Apartment Communities, Inc. (NYSE: APTS ) ("PAC" or the "Company") today announced its acquisition of a 96-unit townhome community located in Hampton, Virginia ("Trail II") adjacent to the Company's 204-unit Trail Creek community ("Trail I") for a purchase price of approximately $18.1 million. Trail II was completed
