Preferred Apartment Communities

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Preferred Apartment Communities, Inc. Announces Date of Second Quarter 2011 Earnings Release and Conference Call

ATLANTA, Aug. 1, 2011 /PRNewswire/ -- Preferred Apartment Communities, Inc. (AMEX: APTS), today announced plans to issue its second quarter 2011 earnings on Monday August 15, 2011 after the market closes.

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Following are the details of a conference call Preferred Apartment Communities will host on Tuesday August 16, 2011 at 11:00 a.m. Eastern Time to discuss its second quarter 2011 results.  To participate in the conference call, please dial in to the following:

Live Conference Call Details

Domestic Dial-in Number:  (800) 860-2442

International Dial-in Number:  (412) 858-4600

Conference ID:  452112

Date:  Tuesday August 16, 2011

Time:  11:00 a.m. Eastern Time (8:00 a.m. Pacific Time)



The live broadcast of Preferred Apartment Communities' quarterly conference call will be available online, on a listen-only basis, at the company's website, www.pacapts.com under Investors and then click on the "Upcoming Webcasts" link.  A replay of the call will be archived on Preferred Apartment Communities' website under Investors/Audio Archives.

About Preferred Apartment Communities, Inc.

Preferred Apartment Communities, Inc. is a Maryland corporation formed primarily to acquire multifamily properties in select targeted markets throughout the United States. As a secondary strategy, we may acquire senior mortgage loans, subordinate loans or mezzanine debt secured by interests in multifamily properties, membership or partnership interests in multifamily properties and other multifamily related assets.  Preferred Apartment Communities intends to elect and qualify as a real estate investment trust for U.S. federal income tax purposes effective April 1, 2011.

SOURCE Preferred Apartment Communities, Inc.

For further information: Leonard A. Silverstein, Preferred Apartment Communities, Inc., Executive Vice President, +1-770-818-4147, lsilverstein@pacapts.com