The executive leadership team at MAA (NYSE: MAA) rang the closing bell on the New York Stock Exchange on Jan. 29 in celebration of 30 years as a public company.
The multifamily REIT and S&P 500 member has grown from its IPO of nearly $91 million on Jan. 28, 1994 to an equity market capitalization of approximately $16 billion.
Eric Bolton, chairman and CEO, said “MAA’s successful long term performance record is reflective of the hard work and dedication of our associates, our culture of delivering service and value to all our constituents, and a steady focus on investing in high quality apartment real estate across high growth markets.”
He added, “With a relentless focus over the past 30 years in generating value for our residents, the communities in which we operate, our MAA associates, and our shareholders, we are well positioned for the future and look forward to building on our record of success.”