Market Capitalization (Millions $) |
15,226 |
Shares
Outstanding (Millions) |
117 |
Employees |
2,429 |
Revenues (TTM) (Millions $) |
2,134 |
Net Income (TTM) (Millions $) |
602 |
Cash Flow (TTM) (Millions $) |
114 |
Capital Exp. (TTM) (Millions $) |
261 |
Mid America Apartment Communities Inc
Mid America Apartment Communities Inc. (MAA) is a real estate investment trust (REIT) that specializes in the acquisition, development, and operation of multifamily apartment communities across the United States. The company focuses on providing high-quality residential properties in the Southern and Midwestern regions of the country.
MAA was founded in 1977 and is headquartered in Memphis, Tennessee. The company has assets in more than 20 states and is considered one of the largest multifamily REIT companies in the country. MAA is listed on the New York Stock Exchange (NYSE) under the ticker symbol MAA.
The company operates under a vertically integrated business model, which means that it oversees all aspects of the property management process, from property acquisition to leasing, maintenance, and customer service. MAA's portfolio includes garden-style, mid-rise, and high-rise properties, with a focus on urban and suburban locations near major employment centers, transportation hubs, and desirable amenities.
MAA's properties offer a range of amenities, including fitness centers, swimming pools, clubhouses, pet parks, and community events. The company also provides a range of services to its residents, including online rent payment, online maintenance requests, and 24-hour emergency maintenance services.
MAA's financial performance has been strong in recent years, with the company reporting consistent revenue growth and profitability. The company has a solid balance sheet and a strong credit rating, which provides it with access to favorable financing terms and the ability to raise capital for expansion and investment opportunities.
Over the years, MAA has received several awards and recognitions for its commitment to excellence in property management and customer service. Some of these accolades include being named one of the "100 Best Companies to Work For" by Fortune magazine and receiving the "Platinum Award" from the National Multifamily Housing Council for excellence in apartment living.
In conclusion, Mid America Apartment Communities Inc. is a leading REIT that specializes in the acquisition, development, and operation of high-quality multifamily apartment communities across the United States. The company's vertically-integrated business model and commitment to innovation, sustainability, and customer service have helped it establish a reputation as a top-performing multifamily operator in the industry.
Company Address: 6815 Poplar Ave Germantown 38138 TN
Company Phone Number: 682-6600 Stock Exchange / Ticker: NYSE MAA
|