Detail akcie AvalonBay Comm online

Business Summary: AvalonBay Communities, Inc. is a real estate investment trust (REIT). The Company develops, redevelops, acquires, owns and operates multifamily apartment communities in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in its expansion markets of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. The Company focuses on metropolitan areas in these regions. The Company's segments include Same Store, Other Stabilized and Development/Redevelopment. The Company owns or holds a direct or indirect ownership interest in approximately 279 operating apartment communities containing over 83,655 apartment homes in 12 states and the District of Columbia and 19 wholly owned apartment communities under development. The Company operates under four core brands, which include Avalon, AVA, eaves by Avalon, and Kanso.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, AvalonBay Communities Inc revenues increased 7% to $2.77B. Net income applicable to common stockholders decreased 18% to $927.2M. Revenues reflect Same Store segment increase of 6% to $2.54B, Other Stablized segment increase of 44% to $134.8M, NAREIT FFO - Per Share - Diluted - Total increase of 7% to $10.32. Net income was offset by Net Operating Income (NOI) Commercial decrease of 6% to $33.9M.