When was Preferred Apartments Communities founded?

Preferred Apartments Communities was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Where is Preferred Apartments Communities located?

Preferred Apartments Communities is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia.

How many employees does Preferred Apartments Communities have?

As of Apr 30, 2026, the latest employee count at Preferred Apartments Communities is 275.

Is Preferred Apartments Communities a funded company?

Preferred Apartments Communities is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Jan 17, 2013.

When was the latest funding round of Preferred Apartments Communities?

Preferred Apartments Communities' latest funding was a $***** Conventional Debt round on May 24, 2018, with participation from 0 investor. Its primary sector is REITs. Globally, the REITs sector has seen $12.7M in funding in 2026 to date.

What is the annual revenue of Preferred Apartments Communities?

Annual revenue of Preferred Apartments Communities is $451M as on Dec 31, 2021.

Where does Preferred Apartments Communities rank among its competitors?

Preferred Apartments Communities ranks 91st amongst 175 active competitors, of which 23 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Arbor Realty Trust, which secured an undisclosed amount in Jan, 2021.

Who are the top competitors of Preferred Apartments Communities?

Preferred Apartments Communities' top competitors include Americold, GEO and Cousins. Among them, Arbor Realty Trust secured the most recent funding round in January, 2021.

Preferred Apartments Communities - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Website: pacapts.com
Social
Email ID: *****@pacapts.com
Registered Address: Atlanta, Georgia

Key Metrics

Founded Year

2011

Location

Atlanta, United States

Stage

Acquired

Latest Funding Round

Conventional Debt, May 24, 2018, $*****

Investors

KeyBank

Ranked

91^st among 175 active competitors

Annual Revenue

$451M as on Dec 31, 2021

Employee Count

275 as on Apr 30, 2026

Investment & Acquisitions

The Bloc

Similar Companies

Americold & 431 more

Exit Details

Acquired by Blackstone (Feb 16, 2022)

View Preferred Apartments Communities' full profile

Preferred Apartments Communities is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PREFERRED APARTMENT COMMUNITIES INC CIN: 1481832 , United States, Active		$451M (As on Dec 31, 2021)	-	-
PREFERRED APARTMENT ADVISORS, LLC CIN: 272609991 , United States, Active	Dec 31, 1999	-	424 (As on Dec 31, 2024)	-

Preferred Apartments Communities got acquired by Blackstone on Feb 16, 2022.

Click here to take a look at Preferred Apartments Communities's acquisition in detail

Preferred Apartments Communities has raised funding over 3 rounds. Its first funding round was on Jan 17, 2013. Preferred Apartments Communities has 1 institutional investor.

Here is the list of recent funding rounds of Preferred Apartments Communities:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 24, 2018	7276868	Conventional Debt	7488503	4079858	6457998	2141065
Mar 06, 2018	5209584	Conventional Debt	8958043	4516934	2431374	KeyBank
Jan 17, 2013	8938960	Post IPO	6974105	4528021	1098992	3079134

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View details of Preferred Apartments Communities's funding rounds and investors

The founders of Preferred Apartments Communities is John Williams.

Here are the details of Preferred Apartments Communities' key team members:

John Williams: Co-Founder of Preferred Apartments Communities.

View details of Preferred Apartments Communities's Founder profiles and Board Members

Preferred Apartments Communities' employee count trend

Preferred Apartments Communities has 275 employees as of Apr 26. Here is Preferred Apartments Communities's employee count trend over the years:

Employee count trend for Preferred Apartments Communities

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Top competitors of Preferred Apartments Communities include Americold, GEO and Cousins. Here is the list of Top 10 competitors of Preferred Apartments Communities, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Americold 1903, Atlanta (United States), Public	Provider of temperature controlled warehousing and logistics services	-	-	62/100
2nd	GEO 1984, Boca Raton (United States), Public	Equity REIT investing in correctional, detention and re-entry facilities	-	-	61/100
3rd	Cousins 1958, Atlanta (United States), Public	Real estate investment trust	-	BNY Mellon	60/100
4th	Essential Properties 2016, Princeton (United States), Public	Provider of single-tenant net-lease real estate investment services. It acquires, owns, and manages properties leased to middle-market companies in service-oriented businesses. The firm offers sale-leaseback transactions, aiming to help business operators monetize their real estate for growth and reduced expenses. It emphasizes fast closing times, excellent customer service, complete transparency, and straightforward legal agreements. The properties are held long-term, focusing on assets essential to tenant operations and generally resistant to e-commerce pressures.	-	Goldman Sachs, Citi & 9 others	58/100
5th	Ventasreit 1998, Chicago (United States), Public	Equity REIT for senior housing	-	Seaside Private Capital, Lunsford Capital	58/100
6th	Arbor Realty Trust 1993, New York City (United States), Public	REIT that invests in multifamily and commercial real estate industries	-	11.2 Capital, Countdown Capital & 3 others	57/100
7th	Gaming and Leisure Properties 2013, Wyomissing (United States), Public	Real estate investment trust focused on gaming & leisure properties	-	-	57/100
8th	Equity Residential 1969, Chicago (United States), Public	Provider of a listing platform for investments in residential and commercial real estate assets	-	Seaside Private Capital	56/100
9th	Griffin Capital Company 1995, El Segundo (United States), Acquired	Wealth management firm & equity REIT investing in healthcare, office, industrial & retail properties	$41M	-	56/100
10th	Easterly Government Properties 2012, Washington, DC (United States), Public	Provider of equity REIT investing in commercial properties	-	-	55/100
91st	Preferred Apartments Communities 2011, Atlanta (United States), Acquired	REIT that invests in multifamily properties, office, student housing and shopping centers throughout the United States	-	KeyBank	31/100