Mid-America Apartment Communities (MAA)
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Property Status: For Rent
Mid-America Apartment Communities (MAA) Properties
About Mid-America Apartment Communities (MAA)
About MAA
Mid-America Apartment Communities (MAA) is a prominent S&P 500 real estate investment trust, deeply rooted in the Sun Belt’s dynamic markets. Based in Germantown, Tennessee, the company owns, manages, acquires, and develops more than 100,000 apartment homes spanning 16 states and the District of Columbia, with a sharp focus on high-growth Southeast, Southwest, and Mid-Atlantic regions.
Expertise & Growth
Founded in 1977 by George E. Cates and converted into a REIT in 1993, MAA has grown through strategic acquisitions—including Colonial Properties (2013) and Post Properties (2016)—to become the largest publicly traded apartment REIT by unit count.
Winning Strategy
MAA’s success stems from disciplined regional focus and operational excellence:
- A pure-play apartment REIT operating across many Sun Belt markets well before they soared in popularity.
- A savvy blend of large-tier markets (e.g. Dallas, Atlanta) and mid-tier markets (e.g. Charleston, Richmond) to balance volatility and stability.
- Leveraging scale, all-cash acquisitions, and tech-forward operations to boost margins, including smart-home upgrades in over 93,000 units and robust redevelopment strategies across thousands more.
Resident Focus & Performance
MAA prides itself on delivering beautifully maintained communities with rich amenities and exceptional service, demonstrated by strong resident retention and high satisfaction ratings. MAA Financially, the company supports its long-term mission with a proven history of dividend payments since 1994 and sustained top-tier REIT performance.