Saturday, June 25, 2011
The Courtyards is a dorm-style student housing community situated on a split site. The unit mix features one two-bedroom/1.5-bath flat, one two-bedroom/one-bath townhome, eight four-bedroom/1.5-bath flats, 66 four-bedroom/1.5-bath townhomes and 15 five-bedroom/1.5-bath flats.
The units are fully furnished with newly remodeled kitchens, oversized living rooms, balconies or patios a. All utilities, plus cable and Internet, are included in the monthly rent. Many of the apartments overlook a large center courtyard swimming pool.
Contact: Stacey Corso, Public Relations Manager, (925) 953-1716
Prior to joining MMCC, Dean was a financial advisor at Morgan Stanley Smith Barney LLC. He is the founder and proprietor of Access Financial LLC and has held sales manager positions at Monon Mortgage Corp. LLC and Forbes Mortgage Corp.
Press Contact: Stacey Corso, Marcus & Millichap Capital Corporation,
The price was not disclosed.
The acquisition was funded by common stock issuances through MAA's at-the-market program and borrowings under our current credit facilities.
The community is located between the beaches and downtown Jacksonville and offers close proximity to a number of major employers in the area including the regional corporate headquarters of Fidelity National Financial and CSX. The area is also home to two of Jacksonville's top employers: Blue Cross & Blue Shield and Merrill Lynch.
Contact: : Investor Relations of MAA, +1-901-682-6600, email@example.com
Web Site: http://www.maac.com/