Mid-America Apartment: Elevated New Deliveries Make Me Cautious

Company Overview - Mid-America Apartment Communities (NYSE: MAA) is a US multi-family REIT focusing on high-growth regions, particularly in Sunbelt markets [1] - The REIT went public in 1994 and operates 296 communities as of FY 23, totaling 101,465 units [1] Investment Insights - The analysis emphasizes the importance of identifying stocks that exhibit both growth and quality factors, suggesting a preference for companies with strong growth narratives supported by robust financial statements [1]