-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NDp3QhZYYokTtYpFnFNEwzpBqV+n2jSFrymNr/JJug0gNhfwUdwdgAMNMULRjKkn Skg9gBpFAggjeFaQAfY7SA== 0000912595-10-000047.txt : 20100812 0000912595-10-000047.hdr.sgml : 20100812 20100812170225 ACCESSION NUMBER: 0000912595-10-000047 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100812 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100812 DATE AS OF CHANGE: 20100812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MID AMERICA APARTMENT COMMUNITIES INC CENTRAL INDEX KEY: 0000912595 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 621543819 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12762 FILM NUMBER: 101011859 BUSINESS ADDRESS: STREET 1: 6584 POPLAR AVE STREET 2: STE 340 CITY: MEMPHIS STATE: TN ZIP: 38138 BUSINESS PHONE: 9016826600 MAIL ADDRESS: STREET 1: 6584 POPLAR AVE STREET 2: SUITE 340 CITY: MEMPHIS STATE: TN ZIP: 38138 8-K 1 form_8-k.htm FORM 8-K: PR: MAA ACQUIRES VERANDAS AT SAM RIDLEY form_8-k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported) August 12, 2010 (August 12, 2010)

MID-AMERICA APARTMENT COMMUNITIES, INC.
(Exact name of registrant as specified in its charter)

TENNESSEE
1-12762
62-1543819
(State of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)

6584 Poplar Avenue, Suite 300
 
Memphis, Tennessee
38138
(Address of principal executive offices)
(Zip Code)

(Registrant's telephone number, including area code):  (901) 682-6600

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[    ]
Written communications  pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[    ]
Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[    ]
Pre-commencement  communications  pursuant  to Rule  14d-2(b)  under the Exchange Act (17 CFR 240.14d-2(b))
[    ]
Pre-commencement  communications  pursuant  to Rule  13e-4(c)  under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 






ITEM 7.01                      Regulation FD Disclosure

On August 12, 2010, the registrant issued a press release announcing the acquisition of Verandas at Sam Ridley an apartment community located in the Nashville, Tennessee MSA.   A copy of the press release is furnished as Exhibit 99.1 to this Current Report.

ITEM 9.01                      Financial Statements and Exhibits

(c)
Exhibits
   
       
 
Exhibit Number
 
Description
 
99.1
 
Press Release dated August 12, 2010
       
       
 
 




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 
MID-AMERICA APARTMENT COMMUNITIES, INC.
Date: August 12, 2010
/s/Albert M. Campbell, III
 
Albert M. Campbell, III
 
Executive Vice President and Chief Financial Officer
 
(Principal Financial and Accounting Officer)


EX-99.1 2 ex_99-1.htm PRESS RELEASE DATED AUGUST 12, 2010 ex_99-1.htm
MID-AMERICA APARTMENT COMMUNITIES, INC.
A self-managed equity REIT


MID-AMERICA APARTMENT COMMUNITIES, INC.
ANNOUNCES NASHVILLE ACQUISITION


Memphis, TN, August 12, 2010.  Mid-America Apartment Communities, Inc. (NYSE: MAA) announced today that it has completed the acquisition of Verandas at Sam Ridley, an upscale 336-unit gated apartment community located in the Nashville MSA.

Verandas at Sam Ridley was developed in 2009 and is located at the intersection of I-24 and Sam Ridley Parkway.  Property amenities include large floor plans averaging 1,164 square feet, garages, media and business centers and a pool with outdoor spa.  The apartment homes feature stainless finish appliances, crown molding and sunrooms or screened porches.

The property is located in very close proximity to an extensive new retail shopping development and a new regional hospital and health services operation.  In addition, the property is minutes away from major employment centers along the I-24 Business Corridor including a Nissan North America manufacturing plant with 4,400 employees.

Commenting on the announcement, Al Campbell, EVP and CFO said, “We are excited to be increasing our presence in the Nashville MSA with its diverse economic base which continues to support strong population growth.”

The acquisition, totaling $32 million, was funded by borrowings under existing credit facilities and common stock issuances through MAA’s at-the-market program.

 
MAA is a self-administered, self-managed apartment-only real estate investment trust which currently owns or has ownership interest in 44,798 apartment units throughout the Sunbelt Region of the U.S. For further details, please refer to our website at www.maac.net or contact Investor Relations at investor.relations@maac.net or by mail at 6584 Poplar Avenue, Memphis, TN  38138.
 
Certain matters in this press release may constitute forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Such statements include, but are not limited to, statements made about anticipated economic and market conditions, and population growth. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including a downturn in general economic conditions or the capital markets, competitive factors including overbuilding or other supply/demand imbalances in some or all of our markets, changes in interest rates and other items that are difficult to control, as well as the other general risks inherent in the apartment and real estate businesses. Reference is hereby made to the filings of Mid-America Apartment Communities, Inc., with the Securities and Exchange Commission, including quarterly reports on Form 10-Q, reports on Form 8-K, and its annual report on Form 10-K, particularly including the risk factors contained in the latter filing.
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