MAA is a real estate investment trust that owns and manages multifamily apartments in the Sunbelt region of the United States. We have grown from 5,580 apartment homes at the time of our initial public offering in January 1994 to over 49,000 apartment homes today; including our ownership through joint-venture funds with institutional investors. We are traded on the NYSE under the symbol MAA, and are headquartered at 6584 Poplar Avenue, Memphis, TN 38138.
MAA has a strong track record in extracting value through opportunistic property acquisitions, strategic development and renovations, and a sophisticated technology-based operating platform. Our capital allocation and portfolio plan is built around a disciplined program to diversify in both large tier and select secondary markets across the Sunbelt region. We believe these dynamic and resilient markets provide growth opportunities and strong value returns for our discerning investors.
MAA aims to provide investors with a reliable dividend income that, over the long run, will consistently grow and be protected against economic downturns. We have consistently generated long-term investor returns greater than most other apartment REITs through our well-defined strategy.
