Mid-America Apartment Communities, Inc. SEC filings document REIT operating results, portfolio metrics and capital-structure activity for the company and Mid-America Apartments, L.P., its operating partnership. Form 8-K filings furnish earnings releases and supplemental schedules covering consolidated statements, balance sheets, non-GAAP reconciliations, same-store NOI components, portfolio statistics, development pipeline, lease-up communities, interior redevelopment, WiFi retrofit and property repositioning.
Other material-event filings describe senior notes issued by the operating partnership and U.S. federal income tax considerations related to REIT taxation and ownership or disposition of common and preferred stock. Proxy materials cover annual meeting procedures, board composition, mandatory retirement policy and shareholder voting matters, while Regulation FD filings furnish investor presentations used at real estate and capital markets conferences.
Mid-America Apartment Communities (MAA) reported Q3 2025 results. Rental and other property revenues were $554.4 million for the three months ended September 30, 2025, slightly above $551.1 million a year ago. Net income available for common shareholders was $98.6 million, translating to diluted EPS of $0.84, compared with $0.98 in the prior-year quarter. Interest expense rose to $46.3 million from $42.7 million.
For the nine months ended September 30, 2025, rental and other property revenues totaled $1.65 billion and net income available for common shareholders was $386.6 million, or $3.30 per diluted share. Operating cash flow was $816.5 million. The company paid $531.6 million in common dividends and $2.8 million on preferred shares year-to-date.
At September 30, 2025, total assets were $11.93 billion. Unsecured notes payable, net, were $4.84 billion and secured notes payable, net, were $360.4 million. Shares outstanding were 117,081,742 as of October 27, 2025.
Mid-America Apartment Communities (MAA) furnished an 8-K under Item 2.02 announcing its consolidated results of operations and financial condition as of September 30, 2025, covering the three and nine months then ended. The company provided a press release and supplemental data schedules as Exhibits 99.1 and 99.2.
The materials are expressly designated as “furnished,” not “filed,” which limits their incorporation by reference under the Exchange Act. The filing also includes a Cover Page Interactive Data File as Exhibit 104.
Mid-America Apartment Communities (MAA) reported that its operating partnership, Mid-America Apartments, L.P., entered into a Fifth Amended and Restated Credit Agreement establishing an unsecured revolving credit facility of up to $1.5 billion, including a $75 million letter of credit sub-limit.
The facility matures on January 21, 2030, with up to two six‑month extensions at MAALP’s option, subject to conditions and extension fees of 0.05% for the first extension and 0.075% for the second, each applied to the total commitment at the time of extension. Borrowings bear interest at either SOFR plus a margin ranging from 0.65% to 1.40% or a base rate plus a margin ranging from 0.00% to 0.40%, in each case based on MAALP’s credit rating. An accordion feature permits expansion to $2.0 billion.
Proceeds may be used for general corporate purposes, including debt repayment and backstopping notes issued under the unsecured commercial paper program. The agreement includes customary operating and financial covenants and standard events of default that could accelerate repayment if triggered.
Gary Shorb, a director of Mid-America Apartment Communities, reported changes in his holdings on Form 4. The filing shows a disposal of 4,896.404 shares of common stock on 09/23/2025. The report also shows an acquisition of 94 phantom stock units on the same date; each phantom unit is economically equivalent to one share of common stock and will be payable in two equal annual installments starting within 90 days after the year the reporting person ceases to serve as a director, in cash or common stock at the reporting person’s election. After the reported transactions, the reporting person beneficially owns 31,302.1666 shares of common stock. The form is signed by an authorized filer on 09/24/2025.
Deborah H. Caplan, a director of Mid America Apartment Communities, reported transactions dated 09/23/2025. The Form 4 shows a disposition of 3,970 shares of common stock (Table I) and an acquisition of 102 phantom stock units (Table II) with an indicated economic value of $0 at grant and an underlying common stock price shown as $141.12. Following the reported transactions the filing lists 1,060.174 shares beneficially owned by the reporting person in a direct form. The phantom stock units are described as economically equivalent to common shares and payable in two equal annual installments beginning within 90 days after the reporting person ceases to serve as a director, payable in cash or common stock at the holder's election.
Mid America Apartment Communities (MAA) director Edith Kelly Green received a grant of 188 phantom stock units on 09/23/2025. Each phantom unit is economically equivalent to one share of MAA common stock and is payable in two equal annual installments beginning within 90 days after the calendar year in which the reporting person ceases to serve as a director; payment can be made in cash or common stock at the reporting person’s election. The filing lists an economic-equivalent price of $141.12 per share and shows 7,859.379 shares beneficially owned following the transaction. The Form 4 was signed by Kellye Clouse on 09/24/2025.
Reporting person: The form names "Case John" as the reporting person for Mid America Apartment Communities, Inc. (MAA). The filing documents a transaction dated 09/23/2025.
The report shows a disposition of 200 shares of common stock and the acquisition of 46 phantom stock units on the same date. Each phantom stock unit is economically equivalent to one share of common stock and is payable in two equal annual installments beginning within 90 days after the calendar year in which the reporting person ceases to serve as a director, payable in cash or common stock at the reporting person’s election. Following the reported derivative transaction, the reporting person beneficially owns 4,080.178 shares (direct).