Expensed transaction, development and other pursuit costs, net of recoveries
AvalonBay Communities Expensed transaction, development and other pursuit costs, net of recoveries increased by 54.1% to $3.42M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.0%, from $4.74M to $3.42M. Over 3 years (FY 2022 to FY 2025), Expensed transaction, development and other pursuit costs, net of recoveries shows an upward trend with a 24.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
High levels suggest inefficient capital allocation or poor project selection during the development phase.
Detailed definition
These are costs incurred for development projects that were ultimately abandoned or deemed unfeasible. They are expensed...
Peer comparison
Common in development-heavy real estate firms; indicates risk management in the pipeline.
operating_noncash_project_abandonment_costsHistorical Data
| Q2 '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 | $439K | $8K | $730K | $3.33M | $1.53M | $2.99M | $1.26M | $18.96M | $10.27M | $4.25M | $1.42M | $1.57M | $11.11M | $4.74M | $2.49M | $1.39M | $2.22M | $3.42M |
| QoQ Change | — | -98.2% | >999% | +356.3% | -54.1% | +95.6% | -57.9% | >999% | -45.8% | -58.7% | -66.6% | +11.0% | +606.0% | -57.3% | -47.4% | -44.2% | +59.3% | +54.1% |
| YoY Change | — | — | +66.3% | — | — | >999% | +72.7% | +469.2% | +571.0% | +41.9% | +12.4% | -91.7% | +8.2% | +11.8% | +75.9% | -11.5% | -80.0% | -28.0% |
Expensed transaction, development and other pursuit costs, net of recoveries at Other Companies
Frequently Asked Questions
- What is AvalonBay Communities's expensed transaction, development and other pursuit costs, net of recoveries?
- AvalonBay Communities (AVB) reported expensed transaction, development and other pursuit costs, net of recoveries of $3.42M in Q1 2026.
- How has AvalonBay Communities's expensed transaction, development and other pursuit costs, net of recoveries changed year-over-year?
- AvalonBay Communities's expensed transaction, development and other pursuit costs, net of recoveries decreased by 28.0% year-over-year, from $4.74M to $3.42M.
- What is the long-term trend for AvalonBay Communities's expensed transaction, development and other pursuit costs, net of recoveries?
- Over 3 years (2022 to 2025), AvalonBay Communities's expensed transaction, development and other pursuit costs, net of recoveries has grown at a 24.7% compound annual growth rate (CAGR), from $5.6M to $10.85M.
- What does expensed transaction, development and other pursuit costs, net of recoveries mean?
- Costs written off from development projects that were cancelled.