ivanastar/E+ via Getty Images The early 2024 outlook for multifamily REIT investment could not have been gloomier. In its April report, Apartment List describes slowing rent growth as we enter the peak apartment leasing season. Apartment List Source: Apartment List In part, this could be due to the outsized new deliveries and starts of housing…
Mireya Acierto/DigitalVision via Getty Images Today’s article dials in on Apartment Income REIT Corp. (NYSE:NYSE:AIRC), a U.S.-based REIT targeting upmarket residential units. The rationale for this thesis stems from Blackstone’s (NYSE:BX) agreement to acquire Apartment Income REIT Corp. in a deal worth a reported $10 billion. Apartment Income REIT Corp.’s market price surged by more…
cmannphoto We’re reviewing Mid-America Apartment Communities (NYSE:MAA) Q4 2023 earnings with a potential investment in mind, but we’re cautious given the current economic landscape. We find the current valuation attractive already but would like to see another dip before initiating a position. We anticipate MAA facing tougher challenges compared to other housing REITs due to…
deberarr Investment Thesis Mid-America Apartment Communities (NYSE:MAA) is a real estate investment trust (REIT) which operates over 100,000 multifamily rental units in the United States, mainly in the south and southeast. MAA owns units in some of the largest and highest growing markets in the south such as Atlanta, Dallas, Tampa, and Charlotte. MAA is…
Grand Warszawski A couple of months ago, before the release of Q3 2023 earnings, I issued an article Mid-America Apartment Communities (NYSE:MAA) assigning a buy rating. It was really a combination of two fundamentally important factors that made the investment thesis rather attractive – i.e., one of the safest balance sheets in the sector with…
gremlin/E+ via Getty Images The Real Estate sector took it on the chin for most of 2023, due to rising rates, which impacted interest costs of REITs. However, as the Fed commentary has become increasingly bullish, the overall sector has bounced back over the last month, rising nearly 10%, and also rising 15% in the…
Kirpal Kooner Main Thesis & Background The purpose of this article is to evaluate Mid-America Apartment Communities, Inc. (NYSE:MAA) as an investment option. The company is a “real estate investment trust that focuses on the acquisition, selective development, redevelopment, and management of multifamily homes throughout the Southeast, Southwest, and Mid-Atlantic regions of the United States”….
Kirpal Kooner When it comes to residential REITs, one prospect that investors should not pass up looking into is Mid-America Apartment Communities (NYSE:MAA). As its name suggests, the company focuses on acquiring and renting out apartments. Given the large percentage of Americans who rent instead of own, and because of the rising cost of home…
Brandon Bell/Getty Images News Investment Thesis Mid-America Apartment Communities (NYSE:MAA) is the largest and arguably strongest Sunbelt apartment REIT with about 102,000 units in the portfolio. This portfolio is well diversified across various types of multifamily communities, including highly amenitized and luxurious apartments appealing to higher income individuals as well as more modest and affordable…
Hispanolistic Investment Thesis Apartment Investment and Management (NYSE:AIV) is a self-administered and self-managed real estate investment trust (REIT) that is a premier owner and operator of multifamily real estate properties in select U.S. markets. As of June 30, 2023, the Company operated 26 apartment communities, 22 of which are consolidated properties with 5,640 apartment homes…
andreswd The preferred stock of Mid-America Apartment Communities (MAA) has declined 23% since it peaked, in mid-2021. As a result, the preferred stock is currently offering an exceptionally attractive yield of 8.0%. When a stock offers such a high yield, it usually signals that the dividend is at the risk of being cut. However, I…
Mid-America Apartment Communities, Inc. (NYSE:MAA) Q2 2023 Results Conference Call July 27, 2023 10:00 AM ET Company Participants Andrew Schaeffer – SVP, Treasurer & Director, Capital Markets Eric Bolton – President, CEO Tim Argo – Chief Strategy & Analysis Officer Al Campbell – CFO Rob DelPriore – CAO, General Counsel Brad Hill – CIO Conference…