AvalonBay Communities Inc. has released its Second Quarter 2025 Mid-Quarter Update, highlighting a 3.0% increase in revenue for the two months ended May 31, 2025, compared to the same period in the previous year. This growth surpasses the company's initial expectations by approximately 35 basis points, attributed mainly to better-than-expected occupancy and other rental revenue. The report also noted economic occupancy rates of 96.0% in April and 96.3% in May 2025, with a like-term effective rent change of 1.7% and 2.3%, respectively. You can access the full presentation through the link below.
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