Mid-America Apartment Communities

Our mission is to create "A Brighter View" for our residents, employees and shareholders. And we’re doing that every day. MAA is a leading performer in the apartment real estate industry with an award-winning portfolio of multifamily housing that stretches across the Sunbelt region of the United States. Our current portfolio encompasses more than 47,000 apartment homes. We are publicly traded on the New York Stock Exchange under the symbol MAA. With over 25 years in the real estate industry, MAA has gained extensive experience in all phases of multifamily real estate investing — acquisition, redevelopment, new development, property management and disposition. MAA’s successful investing and operating philosophies in portfolio, asset, and property management have been developed, refined, and tested through numerous market cycles.
Company Growth (employees)
Type
Public
HQ
Memphis, US
Founded
1977
Size (employees)
2,466 (est)+27%
Website
maac.com
Mid-America Apartment Communities was founded in 1977 and is headquartered in Memphis, US

Mid-America Apartment Communities Office Locations

Mid-America Apartment Communities has offices in Memphis, Overland Park, Frisco, Richmond and in 86 other locations
Memphis, US (HQ)
6584 Poplar Ave

Mid-America Apartment Communities Metrics

Mid-America Apartment Communities Financial Metrics

FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$89.3 m

Accounts Receivable

Inventories

Goodwill

$4.1 m

Total Assets

$6.8 b

Accounts Payable

$15.1 m

Additional Paid-in Capital

$3.6 b

Total Equity

$3.1 b

Financial Leverage

2.2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$107.5 m$156.3 m($350.7 m)($224.4 m)

Depreciation and Amortization

$192.5 m$306.2 m($294.9 m)($323.3 m)

Accounts Receivable

Inventories

Accounts Payable

($48.6 m)($3.3 m)$2.6 m$24.2 m

Cash From Operating Activities

$264.1 m$384.1 m$463.7 m$484 m

Cash From Investing Activities

($100.4 m)($203.8 m)($136.2 m)($710.5 m)

Short-term Borrowings

($11.1 m)($260.3 m)($279.1 m)($146 m)

Interest Paid

$83.6 m$146.2 m$140.8 m$144.8 m

Income Taxes Paid

$803 k$1.6 m$2.1 m$1.6 m

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