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Real Estate Acquisitions and Dispositions (Tables)

12 Months Ended

Dec. 31, 2020

Real Estate [Abstract]

Schedule of Real Estate Asset Acquisitions and Dispositions

The following table reflects the Company’s acquisition activity for the year ended December 31, 2020:

Land Acquisitions		Market		Acres		Date Acquired
MAA Windmill Hill		Austin, TX		22		January 2020
MAA Central Park		Denver, CO		27		November 2020
Novel Val Vista (1)		Phoenix, AZ		13		December 2020

^{(1) This pre-purchase multifamily community development is being developed through a joint venture with a local developer. The Company owns 80% of the joint venture that owns this property.}

The following table reflects the Company’s disposition activity for the year ended December 31, 2020:

Land Disposition		Market		Units		Date Sold
Colonial Promenade		Huntsville, AL		27		September 2020

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