Mid-America Apartment Communities, Inc.
Market Cap
15B
Short interest (May 15)
2.8%
Borrow Fee
0.36%
↓ 26.1%
Available Shares
3M
↓ 25.7%
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Company Overview
Mid-America Apartment Communities Inc is a multifamily-focused, self-administered and self-managed real estate investment trust. The company owns, operates, acquires and selectively develops apartment communities located in the Southeast, Southwest and Mid-Atlantic regions of the U.S. Its business objectives are to generate a sustainable, stable and increasing cash flow that will fund its dividends and distributions through all parts of the real estate investment cycle. It operates in two segments, Same Store and Non-Same Store and Other. The majority of the revenue is derived from Same Store segment.
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