{"id":803463,"date":"2022-06-27T07:01:14","date_gmt":"2022-06-27T05:01:14","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/blackstone-real-estate-income-trust-completes-5-8-billion-acquisition-of-preferred-apartment-communities-inc\/"},"modified":"2022-06-27T07:01:14","modified_gmt":"2022-06-27T05:01:14","slug":"blackstone-real-estate-income-trust-completes-5-8-billion-acquisition-of-preferred-apartment-communities-inc","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/blackstone-real-estate-income-trust-completes-5-8-billion-acquisition-of-preferred-apartment-communities-inc\/","title":{"rendered":"Blackstone Real Estate Income Trust Completes $5.8 Billion Acquisition of Preferred Apartment Communities, Inc."},"content":{"rendered":"ATLANTA & NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Preferred Apartments Communities, Inc. (NYSE: APTS) (\u201cPAC\u201d or the \u201cCompany\u201d) today announced that Blackstone Real Estate Income Trust, Inc. (\u201cBREIT\u201d) has completed its previously announced acquisition of PAC for $25.00 per share of common stock, without interest, in an all-cash transaction valued at approximately $5.8 billion. The holders of each series of PAC\u2019s preferred stock will receive the $1,000 per share liquidation preference for each share of preferred stock plus accrued but unpaid dividends thereon, without interest. As a result of the transaction, PAC\u2019s common stock will no longer be listed on any public market.\n\n\n\nJoel T. Murphy, PAC\u2019s Chairman
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ATLANTA & NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX) and Preferred Apartments Communities, Inc. (NYSE: APTS) (\u201cPAC\u201d or the \u201cCompany\u201d) today announced that Blackstone Real Estate Income Trust, Inc. (\u201cBREIT\u201d) has completed its previously announced acquisition of PAC for $25.00 per share of common stock, without interest, in an all-cash transaction valued at approximately $5.8 billion. The […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-803463","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nBlackstone Real Estate Income Trust Completes $5.8 Billion Acquisition of Preferred Apartment Communities, Inc. - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/blackstone-real-estate-income-trust-completes-5-8-billion-acquisition-of-preferred-apartment-communities-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blackstone Real Estate Income Trust Completes $5.8 Billion Acquisition of Preferred Apartment Communities, Inc. - BeBeez\" \/>\n<meta property=\"og:description\" content=\"ATLANTA & NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Preferred Apartments Communities, Inc. (NYSE: APTS) (\u201cPAC\u201d or the \u201cCompany\u201d) today announced that Blackstone Real Estate Income Trust, Inc. (\u201cBREIT\u201d) has completed its previously announced acquisition of PAC for $25.00 per share of common stock, without interest, in an all-cash transaction valued at approximately $5.8 billion. 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