Discontinued — last reported Q3 '23

Business Segments · Gross real estate

Disposals — Gross real estate

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.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ4 2016
Last reportedQ3 2023Nov 12, 2024

How to read this metric

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.

Detailed definition

This metric tracks the total gross book value of real estate assets that have been disposed of or sold during the report...

Peer comparison

Comparable to 'Proceeds from Disposition of Real Estate' or 'Real Estate Sales' reported by other multi-family residential REITs.

Metric ID: avb_segment_disposals_gross_real_estate

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '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%
Range$266.35M$555.94M
CAGR+5.7%
Avg YoY Growth-9.4%
Median YoY Growth-21.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is AvalonBay Communities's disposals — gross real estate?
AvalonBay Communities (AVB) reported disposals — gross real estate of $451.80M in Q3 2023.
How has AvalonBay Communities's disposals — gross real estate changed year-over-year?
AvalonBay Communities's disposals — gross real estate increased by 61.1% year-over-year, from $280.53M to $451.80M.
What does disposals — gross real estate mean?
The total gross value of real estate properties sold by the company during the period.