Mid-America Apartment Communities, Inc., or MAA (MAA), Wednesday reported fourth-quarter net income of $165.7 million or $1.42 per share, compared to $159.6 million or $1.37 per share last year.
Funds from operations were $264.5 million or $2.21 per share, compared to $303.5 million or $2.53 per share last year. Core funds from operations per share were $2.23, compared to $2.32 last year.
Rental and other property revenues were $549.8 million, compared to $542.2 million last year.
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