REITs M&A » By The Online Investor Staff, updated Wed., May. 1, 1:38 AM
Recent mergers and acquisitions in the REITs M&A category.
Slide #35. MAA — Colonial Properties Trust
Acquirer: |
MAA (MAA) |
Acquiree: |
Colonial Properties Trust (CLP) |
Details: |
MAA (NYSE: MAA) and Colonial Properties Trust (NYSE: CLP) today announced that they have entered into a definitive merger agreement under which MAA and Colonial Properties Trust will merge, creating a Sunbelt-focused, publicly traded, multifamily REIT with enhanced capabilities to deliver superior value for residents, shareholders and employees. The combined company is expected to have a pro forma equity market capitalization of approximately $5.1 billion and a total market capitalization of $8.6 billion. |
Mid-America Apartment Communities is a multifamily-focused, self-administered and self-managed real estate investment trust. Co. owns, operates, acquires and selectively develops apartment communities primarily located in the Southeast, Southwest and Mid-Atlantic regions of the U.S. Co. maintaines full or partial ownership of various apartment communities across several states and the District of Columbia. Co.'s business is conducted principally through its subsidiary, Mid-America Apartments, L.P. (the Operating Partnership). Co. is the sole general partner of the Operating Partnership.
MAA SEC Filing Email Alerts Service
Preferred: MAA.PRI
Open the MAA Page at The Online Investor » Mid-America Apartment Communities is a multifamily-focused, self-administered and self-managed real estate investment trust. Co. owns, operates, acquires and selectively develops apartment communities primarily located in the Southeast, Southwest and Mid-Atlantic regions of the U.S. Co. maintaines full or partial ownership of various apartment communities across several states and the District of Columbia. Co.'s business is conducted principally through its subsidiary, Mid-America Apartments, L.P. (the Operating Partnership). Co. is the sole general partner of the Operating Partnership.
MAA SEC Filing Email Alerts Service
Preferred: MAA.PRI
Open the CLP Page at The Online Investor »
Company Name: |
Mid-America Apartment Communities Inc |
Website: |
www.maac.com |
Sector: |
REITs |
Number of ETFs Holding MAA: |
96 |
Total Market Value Held by ETFs: |
$3.17B |
Total Market Capitalization: |
$15.08B |
% of Market Cap. Held by ETFs: |
20.99% |
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