Development And AcquisitionsDuring the quarter, Avalon acquired three properties and after quarter end, acquired another property, indicating growth in their portfolio.
Financial PerformanceAnalyst projects 5.5% normalized FFOps growth from 2024-2029, the highest in the apartment coverage universe.
Market StrategyAVB strategically targets regions with thriving employment opportunities in high-paying sectors, coupled with lower housing affordability and a rich and diverse quality of life.