PREFERRED CAPITAL SECURITIES, LLC DEALER MANAGER AGREEMENTDealer Manager Agreement • August 30th, 2019 • Preferred Apartment Communities Inc • Real estate investment trusts • Georgia
Preferred Apartment Communities, Inc. (the “Company”) is a Maryland corporation that qualified to be taxed as a real estate investment trust (a “REIT”) for federal income tax purposes beginning with the taxable year ended December 31, 2011. The Company proposes to offer up to 1,000,000 shares (the “Offering”) of Series A1 Redeemable Preferred Stock, par value $0.01 per share (“Series A1 Redeemable Preferred Stock”), or Series M1 Redeemable Preferred Stock, par value $0.01 per share (“Series M1 Redeemable Preferred Stock” and together with the Series A1 Redeemable Preferred Stock, the “Preferred Stock”). Each share of Preferred Stock will be sold at a public offering price of $1,000 per share.
FORM OF SOLICITING DEALER AGREEMENT WITH PREFERRED CAPITAL SECURITIES, LLCSoliciting Dealer Agreement • August 30th, 2019 • Preferred Apartment Communities Inc • Real estate investment trusts
Preferred Capital Securities, LLC (the “Dealer Manager”) entered into a dealer manager agreement, dated as of __________, 2019 (the “Dealer Manager Agreement”), with Preferred Apartment Communities, Inc., a Maryland corporation (the “Company”), under which the Dealer Manager agreed to use its best efforts to solicit subscriptions in connection with the public offering (the “Offering”) for up to 1,000,000 shares of the Company’s Series A1 Redeemable Preferred Stock, par value $0.01 per share (“Series A1 Redeemable Preferred Stock”), or Series M1 Redeemable Preferred Stock, par value $0.01 per share (“Series M1 Redeemable Preferred Stock” and together with the Series A1 Redeemable Preferred Stock, the “Preferred Stock”). Each share of Preferred Stock will be sold at a public offering price of $1,000 per share. The Offering will commence on the initial Effective Date (as defined below). Unless otherwise defined herein, capitalized terms used herein shall have the respective meanings there
