AvalonBay Communities expects improving operating performance as 2026 progresses, with early 2026 rent change and occupancy trends tracking expectations, including a projected 20 bps rise in physical occupancy in February versus December and a 100 bps acceleration in like-term effective rent change in February versus January. For 2026, the company projects same-store residential revenue growth of 1.4% and forecasts a meaningful ramp in development NOI to $47 million, accelerating to $75 million in 2027, alongside $7 million of incremental NOI in 2026 from operating and technology initiatives. AvalonBay also reduced planned 2026 development starts to $800 million while targeting projected initial stabilized yields of 6.5% to 7.0%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AvalonBay Communities Inc. published the original content used to generate this news brief on February 27, 2026, and is solely responsible for the information contained therein.