Is Mid-America Apartment Stock Underperforming the Nasdaq?

Germantown, Tennessee-based Mid-America Apartment Communities, Inc. (MAA) is a self-administered and self-managed real estate investment trust which owns, develops, acquires, and operates multi-family apartment communities in the southeast and mid-west U.S. and Texas. Valued at $15 billion by market cap, the company conducts third party property management, development, and construction activities through its service corporation. Companies worth $10 billion or more are generally described as “large-cap s ...