News
Memphis finds chief financial officer in Robert Lipscomb
www.commercialappeal.com
[Memphis Commercial Appeal] FedEx; Chris McClean, executive vice president of finance at Methodist Healthcare; Floyd Tyler, president and chief investment officer of Preserver Partners LLC; and Eric Bolton, chairman and chief executive officer of Mid America Apartment
Verso Paper to shutter Minnesota mill damaged by fire
www.commercialappeal.com
[Memphis Commercial Appeal] - In a statement, MAA Chairman and CEO Eric Bolton said leasing remained robust with average rents growing in each of its markets. Because of the strong second-quarter results, the company raised its FFO guidance to $4.37 to $4.57 per share for the year
Multifamily Growth Sustainable in the Sun Belt
www.reit.com
[reit.com] - There's still room for the multifamily sector to grow in the Sun Belt region, according to Eric Bolton, chairman and CEO of Memphis-based REIT MAA (NYSE: MAA). “Fundamentals are terrific. We continue to see very high traffic levels, and rent levels are
Apartments mega-merger: Post Properties sells to Mid-America for $
www.dallasnews.com
Mid-America Apartment Communities agreed to buy Post Properties for about $3.9 billion, forming a real estate investment trust with about 105,
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