Preferred Apartment Communities, Inc.

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APTS STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF PREFERRED APARTMENT COMMUNITIES, INC. IS FAIR TO SHAREHOLDERS

February 16, 2022.

New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Preferred Apartment Communities, Inc. (NYSE: APTS) to Blackstone Real Estate Income Trust, Inc. for $25.00 per share is fair to Preferred Apartment shareholders.

The investigation concerns whether Preferred Apartment and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Preferred Apartment shareholders; (2) determine whether Blackstone is underpaying for Preferred Apartment; and (3) disclose all material information necessary for Preferred Apartment shareholders to adequately assess and value the merger consideration. On behalf of Preferred Apartment shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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