MBJ: Memphis-based company No. 1 in nation for apartment ownership
A Memphis-based multifamily titan is now the largest apartment owner in the U.S.
The National Multifamily Housing Council (NMHC) released its 2017 rankings of the 50 largest apartment owners, and Memphis real estate investment trust (REIT) MAA was No. 1.
MAA also ranked No. 6 on the 2017 rankings of the 50 largest apartment managers by NMHC.