MAA Continues Acquisition Pace, KBW Reports

Mid-America Apartment Communities Inc. (NYSE: MAA) reported Q4 results last week with conf. call Friday, KBW reports.

“Maintaining FFO estimates and increasing NAV,” KBW writes. “MAA continues its acquisition pace and pipeline remains active. 2011 same store NOI guidance of 4-6% is positive with expectation that growth will be largely driven by rate. Q4 was first positive SS NOI quarter since 2008.”

Mid-America Apartment Communities Inc. closed Friday at $61.54.