AvalonBay Communities Non-lease related revenue — Management, development and other fees increased by 17.3% to $4.03M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $3.74M to $4.03M. Over 4 years (FY 2021 to FY 2025), Non-lease related revenue — Management, development and other fees shows an upward trend with a 13.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests successful expansion of the company's service-based business lines or increased activity in development projects for partners, while a decrease may indicate reduced third-party demand or a strategic shift away from fee-based services.
This metric represents revenue generated from ancillary business activities outside of core residential apartment leasin...
Peers in the multi-family REIT sector often report similar fee income under 'other revenue' or 'management and development fees,' though the scale varies significantly based on the company's internal development and third-party management strategy.
avb_segment_non_lease_related_revenue_management_development_and_other_fees| 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.50M | $2.42M | $2.46M | $2.70M | $3.38M | $3.34M | $4.90M | $3.78M | $3.98M | $4.43M | $4.05M | $3.84M | $4.10M | $3.53M | $5.36M | $3.74M | $4.34M | $4.09M | $3.44M | $4.03M |
| QoQ Change | — | -3.2% | +1.4% | +10.1% | +25.1% | -1.3% | +46.8% | -22.9% | +5.2% | +11.3% | -8.5% | -5.2% | +6.8% | -13.9% | +51.7% | -30.2% | +16.1% | -5.8% | -16.0% | +17.3% |
| YoY Change | — | — | — | — | +35.2% | +37.9% | +99.6% | +39.8% | +17.5% | +32.5% | -17.4% | +1.6% | +3.1% | -20.3% | +32.2% | -2.6% | +5.9% | +15.9% | -35.8% | +7.8% |