MAA · 8-K · 20260804PR332847

Acquisition / Partnership / Divestiture

MID AMERICA APARTMENT COMMUNITIES INC. · 2026-08-04 · Importance 68 · Surprise 42 · In source text

From 2021 through June 30, 2026, MAA completed $2.175 billion of acquisitions and developments and $862 million of dispositions. Year-to-date 2026 dispositions comprised two communities with an average age of 35 years and a 4.9% average after-capex NOI yield. MAA also guides to approximately $200 million of 2026 acquisitions and $250 million of dispositions to recycle capital from older, lower-growth and higher-capex properties.

Key facts

• 2026 FULL YEAR GUIDANCE midpoint development funding for wholly-owned and pre-purchase JV deals: $350M (range $300M … $350M … $400M) source
• 2026 FULL YEAR GUIDANCE midpoint Multifamily transactions/financing acquisitions/dispositions targeted: $200M/$250M source
• Communities that have been approved by MAA’s Board of Directors for disposition are excluded from the Same Store Portfolio. source
• Communities that have experienced a significant casualty loss are excluded from the Same Store Portfolio. source
• Non-Same Store and Other Portfolio includes recently acquired communities, communities in development or lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a significant casualty loss, stabilized communities that do not meet the requirements defined by the Same Store Portfolio, retail properties and commercial properties. source

Impact estimates