| Market Capitalization (Millions $) |
14,980 |
| Shares
Outstanding (Millions) |
117 |
| Employees |
2,532 |
| Revenues (TTM) (Millions $) |
2,214 |
| Net Income (TTM) (Millions $) |
397 |
| Cash Flow (TTM) (Millions $) |
15 |
| Capital Exp. (TTM) (Millions $) |
346 |
Business Description
Company Profile: Mid America Apartment Communities Inc. (MAA)
Overview:
Mid America Apartment Communities Inc. (MAA) is a prominent real estate investment trust (REIT) that focuses on the acquisition, development, and management of multifamily apartment communities across the United States. With a strategic emphasis on the Southern and Midwestern regions, MAA is dedicated to delivering high-quality residential living spaces.
Founded: 1977
Headquarters: Memphis, Tennessee
Stock Exchange: New York Stock Exchange (NYSE) - Ticker Symbol: MAA
Operational Footprint: Assets in over 20 states
Business Model:
MAA employs a vertically integrated business model, allowing it to manage all facets of property management, including acquisition, leasing, maintenance, and customer service. This comprehensive approach ensures a high standard of quality and efficiency throughout its operations.
Property Portfolio:
The companys diverse portfolio features a variety of property types, including garden-style, mid-rise, and high-rise communities. MAA focuses on urban and suburban locations that are strategically positioned near major employment centers, transportation hubs, and essential amenities, thereby enhancing the living experience for its residents.
Amenities and Services:
MAA is committed to enhancing resident satisfaction through a wide array of amenities and services, including:
- Fitness centers
- Swimming pools
- Clubhouses
- Pet parks
- Community events
- Online rent payment and maintenance request systems
- 24-hour emergency maintenance services
Financial Performance:
In recent years, MAA has experienced robust financial performance, characterized by consistent revenue growth and profitability. The company maintains a strong balance sheet and enjoys a favorable credit rating, enabling it to secure competitive financing options and pursue expansion and investment opportunities.
Awards and Recognition:
MAA has been recognized for its excellence in property management and customer service, receiving accolades such as:
- 100 Best Companies to Work Forby Fortune magazine
- Platinum Awardfrom the National Multifamily Housing Council for excellence in apartment living
Commitment to Excellence:
Mid America Apartment Communities Inc. stands out as a leading REIT dedicated to providing top-tier multifamily living experiences across the United States. The companys focus on innovation, sustainability, and exceptional customer service continues to cement its reputation as a top-performing operator within the multifamily sector.
Company Address: 6815 Poplar Ave Germantown 38138 TN
Company Phone Number: 682-6600 Stock Exchange / Ticker: NYSE MAA
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