Out Charlotte apartments trade for nearly $500K/Unit. News | August 25, 2026 | Mike Boyd Atlanta & Southeast + Apartment Buildings Mid-America Apartment Communities acquired Modera Liberty Row from Mill Creek Residential for $116.3 million. That works out to nearly $500,000 a unit. Mill Creek developed Modera Liberty Row in partnership with Hawthorne Residential Partners. It has 239 units across two buildings at 7740 and 7741 Liberty Row Drive. The development has been renamed MAA Liberty Row. Amenities include a pool, fitness center with yoga studio, multiple clubrooms, elevated courtyards, golf simulator lounge, bocce ball courts, coworking spaces, private offices, pet spa and bike storage. The Charlotte Business Observer reports the project was expected to be delivered in spring 2024 before a massive fire destroyed the nearly completed development in May 2023. The building that caught fire was demolished to the concrete slab, and workers removed the wood frame from the second building because of severe charring on the sides facing the fire. Reconstruction began in January 2024, and residents began moving in last summer.

Former burned-out Charlotte apartments trade for nearly $500K/Unit. Mid-America Apartment Communities acquired Modera Liberty Row from Mill Creek Residential for $116.3 million. That works out to nearly $500,000 a unit. Mill Creek developed Modera Liberty Row in partnership with Hawthorne Residential Partners. It has 239 units across two buildings at 7740 and 7741 Liberty Row Drive. The development has been renamed MAA Liberty Row. Amenities include a pool, fitness center with yoga studio, multiple clubrooms, elevated courtyards, golf simulator lounge, bocce ball courts, coworking spaces, private offices, pet spa and bike storage. The Charlotte Business Observer reports the project was expected to be delivered in spring 2024 before a massive fire destroyed the nearly completed development in May 2023. The building that caught fire was demolished to the concrete slab, and workers removed the wood frame from the second building because of severe charring on the sides facing the fire. Reconstruction began in January 2024, and residents began moving in last summer. Inside the story. Mike covers its Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies. * | Sale/Acquisition

Piper Sandler issues pessimistic forecast for Mid-America Apartment Communities (NYSE:MAA) stock price. July 31, 2026 Key points. * Piper Sandler cut its price target for Mid-America Apartment Communities from $143 to $140 and maintained a neutral rating, implying roughly 5.9% upside from the stock's $132.17 price. * Analyst sentiment is mixed but leans favorable: MAA has an average "Hold" rating and a consensus price target of $145.06, with eight Buy, ten Hold, and two Sell ratings. * MAA reported quarterly EPS of $2.13, well above the $0.83 consensus estimate, while revenue of $553.73 million was slightly below expectations and up 0.8% year over year. * Interested in Mid-America Apartment Communities? Here are five stocks we like better. Mid-America Apartment Communities (NYSE:MAA - Get Free Report) had its target price dropped by equities research analysts at Piper Sandler from $143.00 to $140.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a "neutral" rating on the real estate investment trust's stock. Piper Sandler's price objective would indicate a potential upside of 5.92% from the stock's current price. MAA has been the topic of a number of other reports. Citigroup restated a "market outperform" rating on shares of Mid-America Apartment Communities in a research note on Wednesday, June 10th. Truist Financial increased their price objective on Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a "buy" rating in a research report on Wednesday, June 10th. Wells Fargo & Company raised their target price on Mid-America Apartment Communities from $140.00 to $148.00 and gave the company an "overweight" rating in a report on Wednesday, July 22nd. Mizuho boosted their target price on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 10th. Finally, Scotiabank upped their price target on shares of Mid-America Apartment Communities from $129.00 to $137.00 and gave the stock a "sector underperform" rating in a research note on Thursday, July 9th. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Mid-America Apartment Communities currently has an average rating of "Hold" and an average price target of $145.06. Mid-America Apartment Communities stock performance. NYSE:MAA traded down $1.15 during mid-day trading on Friday, reaching $132.17. The stock had a trading volume of 184,827 shares, compared to its average volume of 995,801. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13. The firm has a market capitalization of $15.38 billion, a price-to-earnings ratio of 38.70 and a beta of 0.74. Mid-America Apartment Communities has a twelve month low of $120.30 and a twelve month high of $149.18. The business has a 50 day simple moving average of $135.22 and a 200 day simple moving average of $131.77. Discover more Dividend Screener Tool Financial News Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $1.30. The company had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.91% and a net margin of 18.17%.The firm's revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.20 EPS. On average, analysts expect that Mid-America Apartment Communities will post 8.51 earnings per share for the current fiscal year. Insider transactions at Mid-America Apartment Communities. In other news, Director Tamara D. Fischer acquired 1,100 shares of Mid-America Apartment Communities stock in a transaction that occurred on Thursday, May 21st. The stock was purchased at an average cost of $128.55 per share, with a total value of $141,405.00. Following the completion of the acquisition, the director owned 1,100 shares in the company, valued at $141,405. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.60% of the company's stock. Institutional trading of Mid-America Apartment Communities. Large investors have recently bought and sold shares of the company. Physician Wealth Advisors Inc. raised its stake in shares of Mid-America Apartment Communities by 65.2% during the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust's stock worth $26,000 after buying an additional 75 shares during the last quarter. Elevation Wealth Partners LLC grew its stake in Mid-America Apartment Communities by 593.1% in the 2nd quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust's stock valued at $28,000 after acquiring an additional 172 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new position in Mid-America Apartment Communities during the 4th quarter valued at about $32,000. Measured Wealth Private Client Group LLC purchased a new position in Mid-America Apartment Communities during the 3rd quarter valued at about $33,000. Finally, Root Financial Partners LLC raised its position in Mid-America Apartment Communities by 3,100.0% during the first quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust's stock worth $35,000 after acquiring an additional 279 shares during the last quarter. Institutional investors and hedge funds own 93.60% of the company's stock. About Mid-America Apartment Communities. Mid-America Apartment Communities, Inc NYSE: MAA is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development, redevelopment and operation of multifamily residential properties. The company focuses on high-barrier-to-entry apartment communities, offering a mix of one-, two- and three-bedroom homes designed to meet the needs of diverse renter demographics. Its integrated business model encompasses property management, leasing, maintenance and customer service, providing residents with a comprehensive living experience under one ownership platform. MAA's portfolio comprises more than 100 communities and over 40,000 apartment homes across key Sun Belt markets. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Mid-America Apartment Communities, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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