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Preferred Apartment names new CEO

|About: Preferred Apartment Communi... (APTS)|By:, SA News Editor

Preferred Apartment Communities' (NYSE:APTS) board names Joel T. Murphy CEO effective Jan. 1, 2020, succeeding Daniel M. DuPree, who will remain with the company as executive chairman.

Before his appointment as CEO of the company, Murphy was CEO of Preferred Apartment's New Market Properties subsidiary and chair of the investment committee since June 2018.

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