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.
Higher NOI indicates that new developments are becoming profitable faster than anticipated, whereas lower NOI suggests extended lease-up periods or cost overruns.
This metric measures the Net Operating Income derived specifically from properties in the development or redevelopment p...
Standard industry metric for evaluating the profitability of the development pipeline, often compared against the cost of capital for those projects.
avb_segment_development_redevelopment_total_noi| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |