Discontinued — last reported Q4 '25

Other

Expensed transaction, development and other pursuit costs, net of recoveries

AvalonBay Communities Expensed transaction, development and other pursuit costs, net of recoveries increased by 59.3% to $2.22M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 80.0%, from $11.11M to $2.22M. Over 4 years (FY 2021 to FY 2025), Expensed transaction, development and other pursuit costs, net of recoveries shows an upward trend with a 99.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalLower is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ4 2025Feb 27, 2026

How to read this metric

An increase suggests poor project selection or changing market conditions, while a decrease indicates disciplined development and pursuit management.

Detailed definition

Costs incurred for development projects, acquisitions, or pursuits that were ultimately abandoned or deemed no longer vi...

Peer comparison

Common in development-heavy REITs; high levels indicate potential inefficiency in the pipeline.

Metric ID: other_noncash_project_abandonment_costs

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$439.00K$0.00$0.00$8.00K$730.00K$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
QoQ Change-100.0%>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%
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%
Range$0.00$18.96M
CAGR+43.3%
Avg YoY Growth>999%
Median YoY Growth+41.9%

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 $2.22M in Q4 2025.
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 80.0% year-over-year, from $11.11M to $2.22M.
What is the long-term trend for AvalonBay Communities's expensed transaction, development and other pursuit costs, net of recoveries?
Over 4 years (2021 to 2025), AvalonBay Communities's expensed transaction, development and other pursuit costs, net of recoveries has grown at a 99.5% compound annual growth rate (CAGR), from $685.00K to $10.85M.
What does expensed transaction, development and other pursuit costs, net of recoveries mean?
Expenses from projects that were started but later cancelled.