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Mid-America Apartment Communities, Inc. (MAA) reported its First Quarter 2024 Results, with Earnings per common share at $1.22, Funds from operations at $2.41 per Share, and Core FFO at $2.22 per Share. The company's Same Store Portfolio saw revenue growth of 1.4%, while Net Operating Income decreased by 0.7% compared to the prior year. MAA continues to focus on development projects, with five communities under construction and plans for more in the future. The balance sheet remains strong, with $1.1 billion in cash and available credit.