Mid-America Apartment Communities Inc. is a leading American self-administered and self-managed real estate investment trust (REIT) based in Germantown, Tennessee. The firm is focused on the acquisition, development, ownership and management of multi-family residential property assets. The firm owns properties throughout the Southeast, Southwest and mid-Atlantic regions of the United States, with a focus on luxurious, pet-friendly apartment communities in high growth regions. The company was founded in 1977.
As of September 2021, the company had ownership interest in 102,271 apartment homes, including those in communities under development, across 16 states and the District of Columbia. The company has paid its shareholders consecutive quarterly cash dividends on common shares since 1994 and has delivered a long-term return to shareholders that has consistently ranked in the top-tier of performances within the overall REIT sector.
While the firm has a strong focus on multi-family properties, it also has other diversified property holdings, including a limited number of office and multi-use buildings, retail properties and land. Mid-America Apartment Communities Inc. is an S&P 500 company and is listed on the NYSE where it trades under the stock ticker MAA.
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