Mid-America Apartment Communities: Fair Value On The Common, Be Careful With The Preferred

Core Insights - Mid-America Apartment Communities (MAA) is experiencing a decline, reaching some of its lowest levels in the past five years due to oversupply issues in the industry and potential headwinds anticipated by 2025 [1] Company Overview - MAA is currently facing significant challenges related to oversupply in the apartment sector, which is impacting its market performance [1] Industry Analysis - The apartment industry is grappling with oversupply, which is likely to create additional challenges moving forward [1]