MAA is a real estate investment trust that deals with acquiring, operating, and developing multifamily apartment communities in the southeastern and southwestern regions of the US.
The company has two segments that it reports on Same Store and Non-Same Store and Other. The same Store includes communities that the company has owned for at least 12 months and have been stabilized. Non-Same Store and Other includes communities that are newly acquired, currently being developed, identified for disposition, experienced a significant loss, or do not meet the requirements of Same Store. The company generates significant revenue from the Same Store.
MAA is an S&P 500 company and has a mission statement that emphasizes respect for each individual, open communication, embracing opportunities, and doing the right thing at the right time for the right reason. The company works to recruit, develop, and retain employees that reflect the diversity of its residents and communities. Investors looking for more information regarding MAA REIT can visit the company’s investor relation site for information about stock prices, quarterly earnings reports, and much more.
MAA is dedicated to creating a better living environment for its residents and associates and has a rich history of success and recognition as an employer. The company has earned numerous awards such as the Best Places to Work ranking from 2020 Fortune Magazine and MAA is committed to providing exceptional service and value with respect for each individual in the communities it operates in. The company also has a strong commitment to developing and retaining its diverse workforce that mirrors the diversity of the residents and communities where it does business.