Form 8-K · Current report
Mid-America Apartment Communities 8-K, filed Jul 29, 2026
- Filed
- CIK
- 0000912595
- Accession no.
- 0001193125-26-323756
Summary
Mid-America Apartment Communities (MAA) reported second-quarter 2026 diluted earnings per common share of $1.04 and Core FFO per share of $2.08, down from $2.15 a year earlier, with same-store effective blended lease rate growth of 0.7% and average physical occupancy of 95.3%. CEO Brad Hill said results exceeded expectations on steady demand and disciplined expense management, and MAA declared its 130th consecutive quarterly common dividend at an annual rate of $6.12 per share.
Key points
- Same-store net effective new lease rate growth was -5.3% for the quarter, while renewal lease rate growth was 5.2%.
- MAA's operating partnership Mid-America Apartments, L.P. entered a delayed draw term loan facility of up to $350.0 million maturing in November 2030, with $100.0 million outstanding as of June 30, 2026.
- MAA repurchased 0.4 million shares during the quarter at a weighted average price of $130.66 for $50 million, and closed the $40 million disposition of a 194-unit Raleigh community at a gain of about $35 million.
- MAA completed the lease-up of MAA Cathedral Arts in Dallas, finished MAA Plaza Midwood in Charlotte, and began construction of a 263-unit community in the Kansas City market.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
ITEM 2.02. Results of Operations and Financial Condition. On July 29, 2026, Mid-America Apartment Communities, Inc. (“MAA”) issued a press release announcing its consolidated results of operations and financial condition as of June 30, 2026 and for the three and six months then ended (the “Press Release”). Copies of the Press Release and supplemental data schedules are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report. …
An excerpt of the text as filed with the SEC, cut for length.
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