Business Segments · Total NOI

Development / Redevelopment — Total NOI

AvalonBay Communities Development / Redevelopment — Total NOI increased by 6.9% to $10.59M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 249.3%, from $3.03M to $10.59M. Over 3 years (FY 2022 to FY 2025), Development / Redevelopment — Total NOI shows a downward trend with a -26.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher NOI indicates that new developments are becoming profitable faster than anticipated, whereas lower NOI suggests extended lease-up periods or cost overruns.

Detailed definition

This metric measures the Net Operating Income derived specifically from properties in the development or redevelopment p...

Peer comparison

Standard industry metric for evaluating the profitability of the development pipeline, often compared against the cost of capital for those projects.

Metric ID: avb_segment_development_redevelopment_total_noi

Historical Data

19 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$12.47M$16.78M$12.32M$14.17M$16.75M$19.28M$6.24M$8.00M$10.67M$13.92M$4.40M$9.15M$14.03M$15.36M$3.03M$4.28M$7.23M$9.91M$10.59M
QoQ Change+34.5%-26.5%+15.0%+18.2%+15.1%-67.6%+28.2%+33.4%+30.4%-68.4%+108.2%+53.3%+9.5%-80.3%+41.3%+68.8%+36.9%+6.9%
YoY Change+13.7%-0.2%-49.4%-43.6%-36.3%-27.8%-29.5%+14.4%+31.4%+10.3%-31.0%-53.2%-48.4%-35.5%+249.3%
Range$3.03M$19.28M
CAGR-3.6%
Avg YoY Growth-2.4%
Median YoY Growth-29.5%
Current Streak4 quarters growth

Frequently Asked Questions

What is AvalonBay Communities's development / redevelopment — total noi?
AvalonBay Communities (AVB) reported development / redevelopment — total noi of $10.59M in Q1 2026.
How has AvalonBay Communities's development / redevelopment — total noi changed year-over-year?
AvalonBay Communities's development / redevelopment — total noi increased by 249.3% year-over-year, from $3.03M to $10.59M.
What is the long-term trend for AvalonBay Communities's development / redevelopment — total noi?
Over 3 years (2022 to 2025), AvalonBay Communities's development / redevelopment — total noi has grown at a -26.9% compound annual growth rate (CAGR), from $62.52M to $24.45M.
What does development / redevelopment — total noi mean?
The profit generated by properties under development or renovation after accounting for operating costs.