Mid-America Apartment Communities, Inc. (NYSE:MAA) Q3 2023 Earnings Call Transcript

Eric Bolton: And Linda I’d add a couple of things to that. I do think that new technology that’s available to people today has probably fostered some opportunity and techniques and certain capabilities in this area that are different certainly than where they were years ago and probably a little bit harder to detect. And we’ve made some modifications in our approval processes and how we screen that is now much more effective at that. And the other thing, I would just comment on that you alluded to is — it’s important to recognize that where we have seen this has really been pretty isolated. We’ve called out Atlanta and frankly just a few properties in the Atlanta market where we saw this in a pickup in a noticeable way. I wouldn’t suggest that this is a pervasive practice that we see happening across the portfolio in a lot of different markets.

It was really more of an isolated scenario. It happens to be Atlanta where we have a lot. But — and as Tim mentioned we see the trends changing there as a consequence and improving as a consequence of some of the changes that we’ve made in our approval processes.

Linda Tsai: Got it. Thanks for the color.

Operator: We have no further questions. I will turn the call over to MAA for closing remarks.

Andrew Schaeffer: We appreciate everyone joining us this morning and I’m sure we’ll see most of you at NAREIT in a couple of weeks. So thank you.

Operator: That conclude today’s program for participation. You may disconnect at any time.