Mid-America Apartment Communities
| Public company | |
| Traded as | : MAA S&P 500 Component |
| Industry | Apartments |
| Founder | George E. Cates |
| Headquarters | Memphis, Tennessee |
|
Key people
|
H. Eric Bolton, Jr., Chairman and Chief Executive Officer |
| Revenue |  US$1.125 billion (2016) |
 US$0.224 billion (2016) |
|
| Total assets | US$11.604 billion (2016) |
| Total equity | US$6.649 billion (2016) |
|
Number of employees
|
2,466 (2016) |
| Website | www |
Mid-America Apartment Communities is a publicly-traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.
As of December 31, 2016, the company owned 302 apartment communities containing 99,124 apartment units and 4 office properties containing 269,242 square feet. The company is the largest publicly-traded apartment real estate trust in the United States.
The company was founded in 1977 by George E. Cates.
In February 1994, the company acquired The Cates Company and became a public company via an initial public offering.
In January 2004, the company acquired properties in Dallas, Texas and Nashville, Tennessee.
In 2011, the company acquired 256-unit apartment community in Savannah, Georgia and a 300-unit apartment community in Richmond, Virginia.
In October 2013, the company acquired Colonial Properties.
In 2016, the company was added to the S&P 500 Index.
In 2016, the company acquired Alexan Heights, a 352-unit apartment complex in Houston Heights.
In December 2016, the company acquired Post Properties.
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Wikipedia