Apartment fires in Huntsville and Greenville County; apartment REITs
Published November 6, 2026 · Updated November 6, 2026 · 4 sources
A fire displaced about 15 families in Huntsville, Alabama, and another fire was reported in Greenville County, South Carolina. Related stocks are shown.
The exposed companies and what ATLAS says about each
Price change between the last close before the event and the latest available close. It is a coincidence in time, not a cause-and-effect relationship.
Morgan Stanley subsidiary spent $87M on south Seattle apartments amid low vacancy and slow construction. · Financial Services
Morgan Stanley is included because a headline says a Morgan Stanley subsidiary spent $87M on south Seattle apartments; the sources say nothing more about that deal [4]. Its close was $193.97 on November 4 and $181.00 on November 5, down 6.69% between the two closes. This is a coincidence in time and is not tied to the fires or the purchase.
Price between closes
$193.97 → $181.00Close of November 4 and November 5
Fair value (ATLAS)
$368.96Fair range: $332.06 to $405.85The price ($181.00) is 50.9% below that figure.
Chance of a rise in 1 month
51%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $172.20 and $191.03; 9 in 10, between $157.07 and $209.43.
Apartment REIT with a large multifamily portfolio in the Southeast, where the fires were reported. · Real Estate
Mid-America Apartment Communities is an apartment REIT with a large multifamily portfolio in the Southeast, where the fires were reported; it is included for its activity in the sector, not because the event affects it. Its close was $122.15 on November 4 and $120.49 on November 5, down 1.36%.
Price between closes
$122.15 → $120.49Close of November 4 and November 5
Fair value (ATLAS)
$97.19Fair range: $51.65 to $136.27The price ($120.49) is 24.0% above that figure.
Chance of a rise in 1 month
52%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $116.18 and $125.86; 9 in 10, between $108.23 and $135.10.
Apartment REIT owning multifamily communities across the Sun Belt markets. · Real Estate
Camden Property Trust is an apartment REIT owning multifamily communities across the Sun Belt markets; it is included for its activity in the sector, not because the event affects it. Its close was $104.48 on November 4 and $102.74 on November 5, down 1.67%. The sheet lists its next earnings for November 5 after the close, with estimated EPS of 1.69.
Price between closes
$104.48 → $102.74Close of November 4 and November 5
Fair value (ATLAS)
$141.14Fair range: $83.90 to $237.41The price ($102.74) is 27.2% below that figure.
Chance of a rise in 1 month
53%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $99.18 and $107.22; 9 in 10, between $92.57 and $114.88.
Multifamily REIT owning and operating apartment communities across several US metros. · Real Estate
UDR is a multifamily REIT owning and operating apartment communities across several US metros; it is included for its activity in the sector, not because the event affects it. Its close was $37.22 on November 4 and $36.67 on November 5, down 1.48%.
Price between closes
$37.22 → $36.67Close of November 4 and November 5
Fair value (ATLAS)
$43.09Fair range: $28.43 to $65.30The price ($36.67) is 14.9% below that figure.
Chance of a rise in 1 month
52%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $35.31 and $38.35; 9 in 10, between $32.81 and $41.26.
Recent results (EPS)
Nov 20.65 actual vs 0.64 est.
Jul 270.21 actual vs 0.13 est.Beat expectations
Apr 290.48 actual vs 0.13 est.Beat expectations
Feb 90.67 actual vs 0.16 est.Beat expectations
Dividend
4.75% dividend yieldNext ex-dividend date: November 16, 2026 · 1.74 $ over the last 12 months
Property insurer exposed to residential property damage claims such as apartment fires. · Financial Services
Allstate is a property insurer exposed to residential property damage claims such as apartment fires; it is included for its usual business, and the fires are only context. Its close was $269.06 on November 4 and $271.09 on November 5, up 0.75%.
Price between closes
$269.06 → $271.09Close of November 4 and November 5
Fair value (ATLAS)
$595.75Fair range: $536.18 to $655.33The price ($271.09) is 54.5% below that figure.
Chance of a rise in 1 month
52%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $259.15 and $285.08; 9 in 10, between $238.14 and $310.24.
A fire damaged the Governor's House Apartments in Huntsville, Alabama, on Saturday night, and about 15 families are without a place to live [2]. Separately, the Boiling Springs Fire District responded to a fire at an apartment complex in Greenville County, South Carolina, on Wednesday night [1]. Several apartment-sector stocks are listed below as context, with their price moves shown only as coincidences in time.
About 15 families are without a home after a fire damaged the Governor's House Apartments in Huntsville on Saturday night. Huntsville Fire & Rescue says crews were called to the 16-unit complex around 10:15 p.m. Between eight and 10 fire units responded, and smoke and flames were visible when firefighters arrived [2].
Crews encountered problems with the complex's privately maintained fire hydrant system, which did not function properly [2]. A resident, Cameron Kilgore, said he was away from home when neighbors contacted him about the fire [2].
In South Carolina, the Boiling Springs Fire District responded to a fire at an apartment complex in Greenville County on Wednesday night. The source gives no further details [1].
Other coverage includes a headline about a resident describing flames near her home in the Huntsville apartment fire [3]. A separate headline reports that a Morgan Stanley subsidiary spent $87M on south Seattle apartments amid low vacancy and slow construction [4].
What ATLAS data show
ATLAS model estimates are not promises. For Morgan Stanley, the fair value estimate is $368.96 (range $332.06 to $405.85), with the price 50.94% below it. Camden is 27.21% below its estimate of $141.14, and UDR is 14.91% below $43.09. Allstate is 54.50% below its estimate of $595.75, while Mid-America is 23.98% above its estimate of $97.19.
Two closes falling or rising at the same time as news is a coincidence in time, not proof of cause. The figures come from closing prices and may change.
What you get with ATLAS
Fair value of each company, with its range, against today's price.
Chance of a rise in 1 month and the normal price range, from a calibrated model.
Earnings: next date, estimated EPS and surprise history.
Dividends and alerts by email when a company reports.
A fire damaged the Governor's House Apartments on Saturday night, and about 15 families are without a home. Crews were called around 10:15 p.m. [2]
Was there a problem with the hydrants?
Huntsville Fire & Rescue says crews encountered problems with the complex's privately maintained fire hydrant system, which did not function properly [2].
What was reported in South Carolina?
The Boiling Springs Fire District responded to a fire at an apartment complex in Greenville County on Wednesday night [1].
Closing prices, fair value, probabilities, earnings and dividends: ATLAS own data as of November 6, 2026. How we calculate fair value.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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