For purposes of calculations in this release, Adjusted Earnings Before Interest, Income Taxes, Depreciation and Amortization for real estate, or Adjusted EBITDAre, represents EBITDAre further adjusted ...
Core AFFO is composed of Core FFO less recurring capital expenditures. Because net income attributable to noncontrolling interests is added back, Core AFFO, when used in this release, represents Core ...
REITs are under pressure due to rising interest rates. However, most economists expect the Fed to start cutting rates in 2024. Mid-America Apartment Communities' share price has dropped almost 50% ...
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