Item 8.01. Other Events.
On February 20, 2009, Post Apartment Homes, L.P., the operating partnership of Post Properties, Inc., issued a press release announcing the expiration and final results of its previously announced cash tender offer to purchase any and all of its outstanding 7.70% Notes due 2010 (the "2010 Notes") and 5.125% Notes due 2011 (the "2011 Notes"). $84,495,000 in aggregate principal amount of the 2010 Notes, representing approximately 46% of the outstanding 2010 Notes and $90,363,000 in aggregate principal amount of the 2011 Notes, representing approximately 90% of the outstanding 2011 Notes, were validly tendered and not validly withdrawn in the tender offer. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference in its entirety. Item 9.01. Financial Statements and Exhibits. Exhibit 99.1 Press Release dated February 20, 2009.

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