Preferred Income Strategy
Series M1 Redeemable Preferred Stock offered by Preferred Apartment Communities Inc.
The offering Price
$1,000 Per Share with a minimum investment of $5,000 (then $1,000) increments
Preferred Capital Securities, LLC
Series M1 Redeemable Preferred Stock
Initial dividend rate of 6.1% increasing annually from the date of issuance by .10% to a potential rate of 7.1%. This dividend is intended to be paid monthly. There are no assurances the dividend objective will be met.
$1,000 per share
Client has the right to redeem their preferred shares with up to a 90 day dividend claw black
The Preferred Stock ranks senior to the Common Stock with respect to payment of dividends and upon liquidation.
One Year Claw Back
During year one, 100% of the stated value. Client is subject to a claw back of dividends received or accrued up to 90 days. Redemption Claw Back Feature terminates after a one-year hold.