Discontinued — last reported Q3 '23
AvalonBay Communities Disposals — Gross real estate increased by 1.0% to $451.80M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 61.1%, from $280.53M to $451.80M.
Higher values indicate a high volume of capital recycling, which can provide liquidity for new developments or debt reduction, whereas lower values suggest a focus on portfolio retention.
This metric tracks the total gross book value of real estate assets that have been disposed of or sold during the report...
Comparable to 'Proceeds from Disposition of Real Estate' or 'Real Estate Sales' reported by other multi-family residential REITs.
avb_segment_disposals_gross_real_estate| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $398.96M | $555.94M | $482.54M | $433.50M | $462.67M | $280.53M | $280.89M | $266.35M | $447.16M | $451.80M |
| QoQ Change | — | +39.3% | -13.2% | -10.2% | +6.7% | -39.4% | +0.1% | -5.2% | +67.9% | +1.0% |
| YoY Change | — | — | — | — | +16.0% | -49.5% | -41.8% | -38.6% | -3.4% | +61.1% |