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Total equity. $6.078 billion (2020) Number of employees. 2,530 (2020) Website. www .maac .com. Footnotes / references. [ 1] Mid-America Apartment Communities, Inc. ( MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.
Tricon entered the U.S. single-family rental business in 2012 with Tricon American Homes, a wholly owned subsidiary of the company. [19] In 2017, Tricon bought the American real estate investment trust Silver Bay Realty for $1.4 billion. becoming the fourth largest publicly owned single-family rental company in the United States. [20] [21] [22 ...
MDHA. Metropolitan Development and Housing Agency ( MDHA) (1972) is a government agency in Nashville, Tennessee. The original agency was formed in 1938 and it was called the Nashville Housing Authority ( NHA ). The goal of the MDHA is to provide affordable housing for low income families. The agency also provides business and personal training ...
Gross rent multiplier ( GRM) is the ratio of the price of a real estate investment to its annual rental income before accounting for expenses such as property taxes, insurance, and utilities; GRM is the number of years the property would take to pay for itself in gross received rent. For a prospective real estate investor, a lower GRM ...
Mud Island had been formed by a buildup of silt, gravel, and sand by 1899. [19] It was originally referred to as City Island until the 1950s. Mud Island became the location of the Memphis Downtown Airport in 1959 and was used primarily by wealthy businessmen to access Downtown Memphis. [19]
Website. 505nashville .com. 505, previously known as 505 CST and Paramount, is a residential skyscraper in downtown Nashville, Tennessee, located at the intersection of Fifth Avenue and Church Street. 505 stands on the location originally intended for the cancelled Signature Tower. [3] The 45-story building is 522 feet (159 m) tall [2] and ...
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