Discontinued — last reported Q3 '24
Mid-Atlantic — Gross real estate
AvalonBay Communities Mid-Atlantic — Gross real estate increased by 0.4% to $3.77B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.9%, from $3.43B to $3.77B. Over 2 years (FY 2021 to FY 2023), Mid-Atlantic — Gross real estate shows relatively stable performance with a 1.2% CAGR.
Analysis
How to read this metric
An increase reflects capital deployment, acquisitions, or development activity in the region, while a decrease suggests asset divestitures or impairment.
Detailed definition
This metric represents the total historical cost of real estate assets, including land, buildings, and improvements, loc...
Peer comparison
Comparable to gross book value of real estate assets reported by other REITs, though accounting policies for capitalization may vary slightly.
avb_segment_mid_atlantic_gross_real_estateHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.49B | $3.58B | $3.17B | $3.26B | $3.26B | $3.20B | $3.20B | $3.51B | $3.42B | $3.43B | $3.44B | $3.74B | $3.75B | $3.77B |
| QoQ Change | — | +2.6% | -11.2% | +2.6% | +0.2% | -2.1% | +0.2% | +9.6% | -2.7% | +0.3% | +0.3% | +8.9% | +0.2% | +0.4% |
| YoY Change | — | — | — | — | -6.3% | -10.6% | +0.9% | +7.8% | +4.7% | +7.3% | +7.4% | +6.6% | +9.8% | +9.9% |
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Frequently Asked Questions
- What is AvalonBay Communities's mid-atlantic — gross real estate?
- AvalonBay Communities (AVB) reported mid-atlantic — gross real estate of $3.77B in Q3 2024.
- How has AvalonBay Communities's mid-atlantic — gross real estate changed year-over-year?
- AvalonBay Communities's mid-atlantic — gross real estate increased by 9.9% year-over-year, from $3.43B to $3.77B.
- What is the long-term trend for AvalonBay Communities's mid-atlantic — gross real estate?
- Over 2 years (2021 to 2023), AvalonBay Communities's mid-atlantic — gross real estate has grown at a 1.2% compound annual growth rate (CAGR), from $13.47B to $13.80B.
- What does mid-atlantic — gross real estate mean?
- The total historical cost of all real estate assets owned in the Mid-Atlantic region.