PAC Series A.1/M.1 Redeemable Preferred Stock

Overview

A Cumulative Redeemable Preferred Stock offering designed to potentially provide investors with consistent monthly dividends as a fixed income alternative. The Preferred Stock ranks senior to the Common Stock with respect to payment of dividends and upon liquidation.

THE OFFERING

Redeemable Preferred Stock offered by Preferred Apartment Communities, Inc.


OFFERING PRICE

$1,000.00 per share


MINIMUM INVESTMENT

$5,000


OFFERING SIZE

$1 Billion


DIVIDEND RATE

A.1 Series – 6% annualized dividend. M.1 Series – Initial dividend rate of 6.1% increasing annually from the date of issuance by .10% to a potential rate of 7.1%. Dividends are intended to be paid monthly. There are no assurances the dividend objective will be met.* *Dividends are not guaranteed and subject to approval by the Board of Directors


SERIES OPTIONS / LIQUIDITY

Series A – Investor has the right to redeem the Preferred Stock at stated value, subject to a three-year declining redemption fee (13%, 10%, 5%). See Prospectus for details. Series M – Investor has the right to redeem their preferred shares with up to a 90-day dividend claw back. See Prospectus for details. Death Redemption – During years one through three, 100% of the stated value plus any accrued but unpaid dividends.