Mid-America Apartment Communities Inc. (NYSE:MAA) announced the unexpected passing of William Reid Sanders, a long-term director of the company, on January 16, 2025. The company, a real estate investment trust (REIT) based in Germantown, Tennessee, shared the news in a Form 8-K filing with the Securities and Exchange Commission on Tuesday.
Mr. Sanders, who had been a member of Mid-America Apartment’s Board of Directors since 2010, was remembered for his steadfast support and significant contributions to the company. The Board of Directors and management team expressed their deepest sympathies to Mr. Sanders’ family during this difficult time.
The company’s filing did not include further details regarding the circumstances of Mr. Sanders’ death or information about succession plans for his position on the board.
Mid-America Apartment Communities Inc., which operates under the organization name ’05 Real Estate & Construction’, specializes in the acquisition, ownership, development, and management of multifamily homes throughout the Southeast and Southwest United States.
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