Mid-America Apartment Communities: A publicly traded real estate investment trust
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Here I would like to introduce you to some unfamiliar companies that you may probably haven't heard of, and hope it can be of some help to your investments.
The company I'm going to introduce this time is $Mid-America Apartment Communities(MAA)$.
It went public on 28th Jan 1994.
Mid-America Apartment Communities (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.
[History & Events]
1977: The company was founded by George E. Cates.
1993: The company was organized as a real estate investment trust.
1994: The company acquired The Cates Company from George E. Cates and became a public company via an initial public offering.
2013: The company acquired Colonial Properties.
2016: The company acquired Post Properties and was added to the S&P 500 Index.
2017: the company was ranked 142nd on the "Growth Champions" list published by Forbes.
2018: The company paid $11.3 million to settle a complaint that Post Properties violated the design and construction requirements under the Fair Housing Act and the Americans with Disabilities Act at 50 properties.
[Main Business Segments]
[Net Income & Total Revenue]
Realty ONE Group
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