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Mid-America Apartment Communities Inc. Message Board

  • zebraspit zebraspit Jul 23, 2002 4:00 PM Flag

    MAA has not preannounced

    Hey, if MAA was going to preannounce a disappointment, they probably would have by now, right?

    This other apartment REIT that had problems has about 10% of their total assets in the construction/lease-up stage.
    That's likely where they got hit. Also, they are upscale units, unlike MAA, and are in different markets(other than a couple, like Atlanta, which we already know is a weak spot for MAA).

    WIthout knowing much about the other company, I wouild say their problems are not our problems, and if this sell-off today was in sympathy, it creates a good buying opportunity.

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