Strong Portfolio Positioning
AvalonBay Communities' portfolio is well-positioned in suburban coastal markets with low levels of new supply, providing a competitive advantage in an uncertain demand environment.
Development Projects Ahead of Schedule
The company has $3 billion in projects under construction expected to generate earnings uplift in 2026 and 2027, with reduced construction costs benefiting long-term shareholder value.
Robust Balance Sheet
AvalonBay maintains low leverage and over $3 billion of liquidity, providing flexibility for future investments and stock buybacks.
Development Performance
Current lease-ups are performing better than initial expectations, with $950 million in development activity running 10 basis points above projections, aided by $10 million in cost savings.