MAA (NYSE: MAA) is an S&P 500 company and real estate investment trust (REIT), focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities.
With an investment portfolio that is uniquely balanced and diversified across the high growth Southeast, Southwest and Mid-Atlantic regions of the U.S., MAA has successfully navigated numerous business cycles, captured significant growth and built an efficient, technology-driven operating platform. Supported by a strong, investment-grade balance sheet, the company has paid 100 consecutive quarterly common dividends and delivered a long-term return to shareholders that has consistently ranked in the top-tier of performances within the overall REIT sector.
As of December 31, 2018, MAA had ownership interest in 101,441 apartment homes, including those in communities under development, across 17 states and the District of Columbia.
MAA Third Quarter 2018 Earnings Release