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0:00 / 0:00I. Business Overview and Strategy
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MAA's FFO Soars 15.5% to $1.12 Billion in 2023, Despite 6.4% Revenue Growth

MAA10-KFiling Date: 2/9/2024
Mid-America Apartment Communities Inc.
Description

What this story covers

MAA's 2023 10-K reveals FFO jumped 15.5% to 1 point 12 billion dollars, driven by 6.4% revenue growth. Net income decreased due to fewer asset sales. Strong liquidity and strategic investments in high-growth markets continue, alongside managing inflation and competition.

Story snapshot

CompanyMid-America Apartment Communities Inc.
TickerMAA
VariantStandard detailed
Duration29:55
Filing type10-K
PeriodAnnual 2023
IndustryReal Estate & Construction
Accession0000950170-24-013275

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