Mid-America Apartments (MAA) is a real estate investment trust (REIT) focused on the acquisition, development, and management of multifamily residential properties. The company was founded in 1977 and is headquartered in Memphis, Tennessee. MAA operates as a self-administered and self-managed REIT and primarily operates in the Sunbelt region of the United States.
MAA's core business involves owning and operating apartment communities, offering residents high-quality and well-maintained living spaces. The company provides a wide range of rental housing options, including garden-style apartments, townhomes, and mid-rise and high-rise buildings. MAA targets a diverse range of residents, including young professionals, families, and seniors.
As a publicly traded company, MAA is listed on the New York Stock Exchange under the ticker symbol "MAA." The company is also a component of various real estate indices, including the S&P 500 and the MSCI US REIT Index.
The company places a strong emphasis on providing exceptional customer service, maintaining well-managed properties, and fostering a sense of community among residents. MAA invests in amenities and services that cater to residents' needs, such as fitness centers, swimming pools, outdoor spaces, and social activities. The company strategically selects and acquires properties in desirable locations, focusing on markets with strong job growth and attractive demographics. MAA aims to provide residents with comfortable and convenient living spaces, creating a sense of home and community.
In recent years, MAA has also embraced sustainability initiatives, implementing energy-efficient practices and green building designs in its properties. The company recognizes the importance of environmental responsibility and seeks to reduce its environmental footprint through initiatives such as energy conservation, waste reduction, and water management.