Despite a glut of supply dragging down rent growth in its Sun Belt markets, multifamily giant Mid-America Apartment Communities expects a bright future for its portfolio with few signs of wavering demand and a bottoming of pricing power as the industry begins to move past a peak in new openings.
Apartment Giant MAA Sees Path Through Its Supply Glut Problem
Sun Belt Pricing Weakness Bottoms Amid Record Number of Openings, Executives Say
By Jon Leckie
CoStar News
August 1, 2024 | 10:03 P.M.
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IN THIS ARTICLE
- Companies
- Mid-America Apartment Communities, Inc.
Real Estate