Discontinued — last reported Q3 '24
AvalonBay Communities Denver, CO — Gross real estate increased by 0.1% to $505.91M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 57.1%, from $322.02M to $505.91M. Over 2 years (FY 2021 to FY 2023), Denver, CO — Gross real estate shows relatively stable performance with a 0.3% CAGR.
An increase reflects capital deployment through new acquisitions or development projects, while a decrease indicates asset divestment or impairment.
This metric represents the total historical cost of real estate assets, including land, buildings, and capital improveme...
Similar to gross book value of real estate assets reported by other REITs to track geographic capital concentration.
avb_segment_denver_co_gross_real_estate| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $319.99M | $320.21M | $320.44M | $320.80M | $321.04M | $321.35M | $321.69M | $321.74M | $321.90M | $322.02M | $322.42M | $505.41M | $505.65M | $505.91M |
| QoQ Change | — | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% | +0.0% | +0.0% | +0.0% | +0.1% | +56.8% | +0.0% | +0.1% |
| YoY Change | — | — | — | — | +0.3% | +0.4% | +0.4% | +0.3% | +0.3% | +0.2% | +0.2% | +57.1% | +57.1% | +57.1% |