Yana Gallen's questions to Mid-America Apartment Communities Inc (MAA) leadership • Q1 2025
Question
Yana Gallen asked for more details on the operational improvements MAA is seeing in the Atlanta market, noting that broader market data still appears weak.
Answer
Tim Argo, EVP & COO, clarified that the improvement in Atlanta is relative. While it still lags the overall portfolio, its new lease pricing is the best it has been since early 2023, and year-over-year occupancy has improved by approximately 120 basis points, showing a significant turnaround from its performance in 2024.