NYSE:MAAResidential REITs
The Bull Case For Mid-America Apartment Communities (MAA) Could Change Following New 2033 Notes And Redevelopment Push
Mid-America Apartment Communities recently issued US$200,000,000 of 4.650% senior unsecured notes due 2033 and outlined plans to allocate proceeds toward repaying commercial paper borrowings and funding potential acquisitions, development, and redevelopment projects, while also preparing to discuss its outlook at the 2026 Citi Global Property CEO Conference.
Alongside this new debt issuance, management’s increased capital spending plans and active US$932.00 million development pipeline...