2024-04-18 17:28:37 ET
Summary
- Mid-America Apartment Communities, Inc. has faced the dual headwinds of rising interest rates and increased apartment supply.
- Some REIT bulls have argued that inflation is overstated, and rate cuts are coming.
- Their favorite REIT begs to differ.
On our last update on Mid-America Apartment Communities, Inc. ( MAA ), we looked at the fundamentals and concluded that there was some more pain to be priced in on the funds from operations ((FFO)) estimates....
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For further details see:
Mid-America Apartment Communities: The True Inflation Story