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MAA Halts Apartment Development, but It’s Still Buying in the Sun Belt

MAA Halts Apartment Development, but It’s Still Buying in the Sun Belt

on: February 08, 2024In: Minnesota Real Estate Journal

MAA Optimist Park in Charlotte, North Carolina, was purchased by the company in the fourth quarter. The company said supply pressures helped bring the deal in at 15% below replacement cost. (CoStar)

Company Expects Oversupplied Market Conditions To Improve

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