Opinions
Andrew Moffs
Mid-America Apartment Communities
MAA-N
HOLD
Mar 30, 2023
$148.480
Stock price when the opinion was issued
0
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US Sun Belt in the apartment sector. One of the largest US residential landlords. Great management team, very conservative. Yield should grow over time. Difficult sector, because of decelerating growth rates. Challenging operations environment short term. 20% discount to NAV.