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Mid-America Apartment Communities

Stabilize two lease-up properties

Not delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
30 Oct 2019
Due
30 Jun 2020
Checked
19 Oct 2026
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“the other two properties are expected to stabilize over the first half of 2020”

What we found

Evidence strength A What the grades mean

The company failed to stabilize the two properties by the first half of 2020, with filings indicating stabilization dates pushed to late 2020 and 2021.

  • A
    Mid-America Apartment Communities 8-K filed 2020-07-29 Regulatory filing · published 29 Jul 2020 · retrieved 19 Oct 2026 · kept permanently by the SEC · fingerprint 9ee2b18480f2
    “As of the end of the second quarter of 2020, MAA had two properties in their initial lease-up... One property is expected to stabilize in the fourth quarter of 2020 and the other property is expected to stabilize in the second quarter of 2021.” ✓ confirmed on the page

Market reaction: the shares moved +3.8% against the S&P 500 over the three sessions around the disclosure (28 Jul 2020 to 31 Jul 2020). What this measures

Checked 19 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

  • Deadline drift -91 days
  • 2 versions
  1. Version 1 · original · stated 30 Oct 2019

    Deadline 30 Jun 2020 (“over the first half of 2020”) · wording expected

  2. Version 2 · stated 29 Jan 2020

    Deadline 31 Mar 2020 (“in the first quarter of 2020”) · wording expected

    “Two properties are expected to stabilize in the first quarter of 2020”

    Source for this version

  3. Version 3 · stated 7 Feb 2024

    Deadline 30 Sep 2024 (“in the third quarter of 2024”) · wording expected

    “Two communities are expected to stabilize in the third quarter of 2024”

    Source for this version

  4. Version 4 · stated 30 Oct 2024

    Deadline 31 Dec 2024 (“in the fourth quarter of 2024”) · wording expected

    “Two communities are expected to stabilize in the fourth quarter of 2024”

    Source for this version

  5. Version 5 · stated 30 Oct 2024

    Deadline 30 Jun 2025 (“in the second quarter of 2025”) · wording expected

    “two are expected to stabilize in the second quarter of 2025”

    Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Project other
Indicative materiality
Low rules
Action
Stabilize
Deliverable
two lease-up properties
Language
Expected (“expects”, “plans”)
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
  4. Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2019-MAA-016314 · Corrections policy

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