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    R. Nick Kerr

    Research Analyst at Citigroup

    R. Nick Kerr is an analyst at Citigroup Global Markets Inc., specializing in equity and fixed income research within the financial services sector. While detailed public performance metrics and specific companies under his coverage have not been disclosed, he is registered with FINRA as a broker and is involved in capital markets research for Citigroup since at least August 2024, based in New York. His career history prior to joining Citigroup is not specified in publicly available sources, but his credentials include full FINRA registration, permitting him to offer investment advisory and research services. Kerr's role at Citigroup supports institutional and individual clients with insights into banking, investment banking, and capital markets.

    R. Nick Kerr's questions to MID AMERICA APARTMENT COMMUNITIES (MAA) leadership

    R. Nick Kerr's questions to MID AMERICA APARTMENT COMMUNITIES (MAA) leadership • Q2 2025

    Question

    R. Nick Kerr of Citigroup inquired about the on-the-ground performance in Atlanta, questioning why sequential revenue growth wasn't stronger, and asked for the specific blended lease rate expectation for the second half of the year.

    Answer

    Executive VP, Timothy Argo, explained that while Atlanta's revenue growth is still lagging, it showed the largest year-over-year improvement in blended pricing and occupancy among large markets. He noted positive signs like reduced concessions and improving delinquency. He also stated the blended lease expectation for the back half of 2025 is around 0.8%.

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