MID AMERICA APARTMENT COMMUNITIES INC. (MAA) Risk Factors
Real EstateLatest 10-K filed Feb 6, 2026Source: SEC EDGAR
WealthWire extracted and classified 45 risk factors from MID AMERICA APARTMENT COMMUNITIES INC.’s latest SEC filing, mapping each to a standardized risk taxonomy so they can be compared across every company and sector. The breakdown below shows how those disclosures distribute across risk categories.
Financial
22 factorsOperations & people
9 factorsMarket & business
6 factorsESG & reputation
5 factorsLegal & regulatory
2 factorsTechnology
1 factorsRecent key developments
Concrete developments — dated events, named agreements and instruments, legal proceedings — that MID AMERICA APARTMENT COMMUNITIES INC. surfaced in its latest filing.
- As of December 31, 2025, substantially all investments are concentrated in the multifamily sector.December 31, 2025
- As of December 31, 2025, approximately 41.2% of the portfolio (based on completed apartment units) was located in top five markets: Atlanta, Georgia; Dallas, Texas; Austin, Texas; Charlotte, North Carolina; and Orlando, Florida.December 31, 2025
- In the last few years, we have transformed our executive team by elevating several internal candidates to key leadership positions.
- As of December 31, 2025, we had eight development communities under construction representing 2,522 units once complete.December 31, 2025
- Settled lawsuits alleging that RealPage, Inc. and many of the largest owners and operators of apartment communities, including us, conspired to artificially inflate multifamily residential rental prices above competitive levels using RealPage’s revenue management software in violation of state and federal antitrust laws.
- Lawsuits alleging violations of antitrust and other laws filed by the District of Columbia and the Commonwealth of Kentucky against RealPage and a number of large apartment community owners and operators, including us.
- Total debt of $5.4 billion as of December 31, 2025.December 31, 2025
- Interest rates increased significantly in 2022 and 2023, and the Federal Reserve began cutting its benchmark interest rate in 2024.2022
- As of December 31, 2025, we had outstanding borrowings of $5.4 billion.December 31, 2025
- As of December 31, 2025, 867,846 shares of MAA Series I 8.50% Cumulative Redeemable Preferred Stock were issued and outstanding.December 31, 2025
- MAA, as the sole general partner, controls the Operating Partnership and as of December 31, 2025 owned approximately 97.5% of the OP Units.December 31, 2025
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