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The fund will be available in four share classes and involve a wide range of investments, including real estate, publicly traded real estate investment trusts, real estate debt, floating and fixed rate loans and credit investments.
Strong April rent collections and favorable loan terms convinced Preferred Apartment Communities to move forward with the purchase, despite COVID-19 complications.
The company is designating parking spaces and pickup zones to assist with new shopping habits at retail centers. The program launched in Texas and will expand nationally.