Expectations of less market volatility and improving supply conditions in coming months is leading one of the largest U.S. apartment owners to delay the start of several projects as it buys properties in the Sun Belt, where it’s finding discounted prices.
MAA Halts Apartment Development, but It’s Still Buying in the Sun Belt
Company Expects What Some Call Oversupplied Market Conditions To Improve
By Jon Leckie
CoStar News
February 9, 2024 | 2:33 AM
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IN THIS ARTICLE
- Properties
- MAA Central Ave
31 Thomas Rd, Phoenix, AZ
- MAA Optimist Park
525 21st St, Charlotte, NC
- Companies
- Mid-America Apartment Communities, Inc.
Real Estate