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Preferred Apartment Communities' President of Office To Depart After Portfolio Sale

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Boone DuPree, president of Preferred Apartment Communities' office division, will leave the company after it completes the sale of its office portfolio to Highwoods Properties. (PAC)
Boone DuPree, president of Preferred Apartment Communities' office division, will leave the company after it completes the sale of its office portfolio to Highwoods Properties. (PAC)
CoStar News
July 21, 2021 | 3:56 P.M.

When Preferred Apartment Communities agreed to sell its office portfolio this spring for more than $700 million, it quickly became apparent the real estate investment trust focused on apartments and grocery-anchored shopping centers no longer would need a president to oversee that division.

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