-----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, GluNdkuJEfAWuv/mALp/5XKsE5evmKbY9zrPHp2ZJ45xggPTEeS+A+wdcGOhw1L3 Eov3pNHaY8Aoz4KziEVn9Q== 0000912595-97-000017.txt : 19970606 0000912595-97-000017.hdr.sgml : 19970606 ACCESSION NUMBER: 0000912595-97-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970605 ITEM INFORMATION: Other events FILED AS OF DATE: 19970605 SROS: NYSE 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: 97619529 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 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 June 5, 1997 Date of Report (Date of earliest event reported) MID-AMERICA APARTMENT COMMUNITIES, INC. (Exact Name of Registrant as Specified in Charter) TENNESSEE 1-12762 62-1543819 (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification Number) 6584 POPLAR AVENUE, SUITE 340 MEMPHIS, TENNESSEE 38138 (Address of principal executive offices) (901) 682-6600 Registrant's telephone number, including area code (Former name or address, if changed since last report) Item 5. Other event. The Company released the following press release on May 30, 1997: Memphis, TN: May 30, 1997. Mid-America Apartment Communities, Inc. (NYSE:MAA) announced today the purchase of the 336-unit Oaks at Deerwood apartment community in Jacksonville, Florida for a total of $15.2 million. The property is encumbered by a $14.7 million tax-free bond which the Company purchased at closing and which it plans to remarket during the next year. MAA used its $90 million unsecured line of credit to finance the transactions. Built in 1987, Oaks at Deerwood is located on Baymeadows Rd in the southwestern part of the city and is presently 93% occupied with an average monthly rent of $604. This acquisition brings MAA's presence in Jacksonville to 2,118 apartments. Mid-America Apartment Communities is a self-managed apartment REIT which owns 21,458 units at 80 properties throughout the southeastern U.S. and Texas. For further information, contact Simon R.C. Wadsworth: 901-682-6600. 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: June 5, 1997 /s/ Simon R.C. Wadsworth ------------------ -------------------------------- Simon R.C. Wadsworth Executive Vice President (Principal Financial and Accounting Officer) -----END PRIVACY-ENHANCED MESSAGE-----