Profile: Mid-America Apartment Communities Inc (MAA.N)
8 Dec 2017
Mid-America Apartment Communities, Inc. (MAA), incorporated on September 22, 1993, is a multifamily focused, self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, acquires and develops apartment communities primarily located in the Southeast and Southwest regions of the United States. It operates through three segments: Large market same store, Secondary market same store and Non-Same Store and Other. Its Large market same store communities are communities in markets with a population of at least one million and at least 1% of the total public multifamily REIT units that it has owned and that have been stabilized for at least a full 12 months. Its Secondary market same store communities are communities in markets with populations of more than one million but less than 1% of the total public multifamily REIT units or markets with populations of less than one million that it has owned and that have been stabilized for at least a full 12 months. Its Non-same store communities and other includes recent acquisitions and communities in development or lease-up communities.
As of December 31, 2016, activities included ownership and operation of 302 multi-family properties, which included commercial space at certain properties, and four additional commercial properties, along with partial ownership in one multifamily property. These properties are located in Alabama, Arizona, Arkansas, Florida, Georgia, Kansas, Kentucky, Maryland, Mississippi, Missouri, Nevada, North Carolina, South Carolina, Tennessee, Texas, Virginia and Washington, District of Columbia. The Company's business is conducted principally through the Mid-America Apartments, L.P. (Operating Partnership).
Mid-America Apartment Communities Inc
6584 Poplar Ave Ste 340
MEMPHIS TN 38138-3687