Coffee Break / Maac Sees Drop in 2q Net Income

Summary


Mid-America Apartment Communities on Thursday reported a $1.4 million net income available for common shareholders for the second quarter, down from $6.9 million the same period last year.

Funds from operations was $26.4 million, compared to $29.8 million in the second quarter of 2009.

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Coffee Break / Maac Sees Drop in 2q Net Income

The Memphis-based apartment-only real estate investment trust owns or has ownership interest in 44,462 apartment units througho...

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