UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): April 4, 2011
Apartment Trust of America, Inc.
(Exact Name of Registrant as Specified in Its Charter)
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Maryland
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000-52612
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20-3975609 |
(State or other
jurisdiction of
incorporation or
organization)
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(Commission File Number)
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(I.R.S. Employer
Identification No.) |
4901 Dickens Road, Suite 101, Richmond, Virginia 23230
(Address of principal executive offices)
(Zip Code)
(804) 237-1335
(Registrants telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item 7.01 |
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Regulation FD Disclosure. |
On
April 4, 2011, Apartment Trust of America, Inc. (the
Company, we, us or our) distributed a letter to
stockholders regarding the payment of the Companys February
distribution to its stockholders. The
letter stated, in relevant part, that on March 25, 2011, we filed
with the Securities and Exchange Commission (SEC) a Registration
Statement on Form S-3 (the Registration Statement) to register the
shares for sale under our amended and restated distribution
reinvestment plan (the DRP) at a reinvestment price of $9.50 per
share, until such time as our Board of Directors publicly announces an
estimated value of our shares. The Registration Statement
automatically became effective with the SEC upon filing. However,
the Registration Statement must also be declared effective or exempt
from registration in the various states before shares may be sold
under the DRP. We have submitted the necessary registration or
exemption applications to the respective states and are now awaiting
such declaration of registration or exemption.
In order
to comply with legal and regulatory requirements we must wait to pay
the February distribution until the Registration Statement is
declared effective or exempt from registration in all states.
We expect to obtain such registration or exemption some time in the
next few weeks, at which point, we intend to pay the February
distribution, at the rate of 6% per annum, and the March
distribution, at the rate of 3% per annum.
The
information furnished under this Item 7.01 of this Current Report on Form 8-K shall not be deemed to be filed for the purposes of Section 18 of the Securities
and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
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