Development And GrowthAvalonBay is expected to deliver sector-leading growth due to a compelling macro backdrop for the multifamily sector.
Financial PerformanceThe company reported a Core FFO number of $2.74 which was one cent higher than consensus, representing a 3.0% increase year-over-year.
Market StrategyAvalonBay strategically targets regions with thriving employment opportunities in high-paying sectors, coupled with lower housing affordability and a rich and diverse quality of life.