Joint Venture Multifamily Development for Publicly Traded REIT

We represented Mid-America Apartments, L.P. (MAA) in connection with a joint venture with a development partner to acquire approximately 3.1298 acres of land in Charlotte, , North Carolina, and develop a 305 unit apartment complex with a total development cost of $108,000,000. MAA, through a wholly-owned subsidiary (PAH Lender, LLC), will provide the construction loan.

MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States.

We represented Mid-America Apartments, L.P. (MAA) in connection with a joint venture with a development partner to acquire approximately 3.1298 acres of land in Charlotte, , North Carolina, and develop a 305 unit apartment complex with a total development cost of $108,000,000. MAA, through a wholly-owned subsidiary (PAH Lender, LLC), will provide the construction loan.

MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States.