1 Followers USX:MAA - Mid-America Apartment Communities Inc Mid-America Apartment Communit
Sector: Real Estate, Industry: Residential REITs
Next Earnings: 24 Apr 2024
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USD 130.8    +1.97 (+1.53%)

27 Mar 2024


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General

CEO: Mr. H. Eric Bolton Jr.

IPO: 1994-01-28

Headquarters: US

Employees: 2,387

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Description

Mid-America Apartment Communities Inc, or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in southeastern and southwestern United States. Company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a significant casualty loss and stabilized communities that do not meet the requirements to be Same Store communities. Key revenue comes from the Same Store.

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