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  "documentTitle": "Mid-America Apartment Communities | Results Presentation Deck | 37 slides",
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  "presentationDate": "2024-03-01 00:00:00",
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      "text": "New Development | MAA Milepost 35 | Denver, CO",
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      "text": "CAPITAL SPEND INITIATIVES4\nKitchen & Bath Redevelopment: [$40M ... $45M ... $50M]\nRepositioning Program: [$18M ... $20M ... $22M]\nSmart Home Investment: [$6M ... $7M ... $8M]",
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      "text": "EXPECTED CORE FFO/SHARE1\nFull Year 20242: [$8.68 ... $8.88 ... $9.08]\nQ1 20243: [$2.12 ... $2.20 ... $2.28]\nTotal Overhead4: [$130.5M ... $132.5M ... $134.5M]",
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      "text": "MULTIFAMILY TRANSACTIONS5/FINANCING\nAcquisitions: [$350M ... $400M ... $450M]\nDispositions: [$50M ... $100M ... $150M]\nDevelopment Funding: [$250M ... $300M ... $350M]\nDebt Issuance: Q1 2024 Issuance: $350M, Q2 2024 Expected Issuance: ~$400M",
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      "text": "1 In this context, per Share means per diluted common share and unit.\n2 Net income per diluted common share is expected to be in the range of $4.45 to $4.85 per diluted common share ($4.65 at the midpoint) for the full year 2024.\n3 MAA does not forecast quarterly Net income per diluted common share as MAA cannot predict forecasted transaction timing within a particular quarter (rather than during the year).\n4 Property management expenses and General and administrative expenses as noted in Company filings\n5 Expectations for the full year 2024",
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      "text": "2024 Core FFO and Investment Outlook",
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