Sundry PhotographyAvalonBay Communities (NYSE:AVB), incorporated in 1994 and headquartered in Arlington, VA, owns, develops, redevelops, acquires, and operates multifamily apartment communities mainly in the suburban markets of the East and West Coast. Its property portfolio is attractive, and its performance has been very good despite decelerating rent growth in multifamily markets. It also has very low leverage and strong liquidity, with well-structured maturities. The main issue with this REIT is its ...

Focus_on_Nature/iStock via Getty Images REITs (VNQ) are back in vogue. The market is now finally realizing that it had overreacted to the surge in interest rates and that the "higher for longer" narrative was nothing more than... well... a narrative. The pandemic caused a temporary burst in inflation and interest rates were adjusted higher to fight it off, but they are now rapidly returning to much lower levels. The debt market currently expects 200 basis point lower interest rates in just a year from n ...

Shares of AvalonBay Communities (AVB) have rallied 15.4% year to date compared with the industry's upside of 9.8%.Last month, AvalonBay reported a second-quarter 2024 core funds from operation (FFO) per share of $2.77, which beat the Zacks Consensus Estimate of $2.71.The quarterly results reflected a year-over-year increase in both same-store total revenues and average rental revenue per occupied home.This residential REIT also raised its guidance for 2024 core FFO per share, same-store residential revenues ...

peeterv On August 7th, Equity Residential (EQR) bought 11 apartments with 3572 units from Blackstone (BX) for $964 million. The deal allowed EQR to expand its presence in 3 strong submarkets; Dallas, Denver, and Atlanta. EQR is a fine company, but its valuation is not particularly compelling at the moment. More interesting to me is what the valuation of the transaction means for the rest of the sector. The transaction price represents $270K per unit. At first, this appears to be average pricing, as the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 1-12672 AVALONBAY COMMUNITIES, INC. (Exact name of registrant as specified in its charter) Maryland 77-0404318 (State or other jur ...

wakila/E+ via Getty Images Since our last article on AvalonBay (NYSE:AVB) at the end of last year, shares have performed remarkably well. In roughly half a year they have delivered almost 17% total returns, even outpacing the S&P 500 index (SP500). As the company just reported its second quarter results, we think this is a good time to reevaluate the thesis and whether the shares are still attractive at the higher price. SeekingAlphaNow, the first thing we would like to say about the results is that the ...

Walter Bibikow Originally created in 1960, the REIT structure’s purpose was to democratize real estate for the masses. In addition to managing properties, reporting and complying with SEC requirements, and paying dividends from cash flow, they also employ finance, investment, development, and strategic personnel to make decisions that can grow value beyond a steady state portfolio. In fact, years ago they dropped the ‘trust’ classification and are now corporations (just like Apple and Exxon) that qualif ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks i ...

AvalonBay Communities, Inc. (NYSE:AVB) Q2 2024 Earnings Conference Call August 1, 2024 1:00 PM ET Company Participants Jason Reilley - VP, IR Benjamin Schall - President, CEO & Director Kevin O'Shea - SVP, Finance, Treasurer Sean Breslin - COO Matthew Birenbaum - Chief Investment Officer Conference Call Participants Eric Wolfe - Citi Austin Wurschmidt - KeyBanc Capital Markets John Kim - BMO Capital Markets Jamie Feldman - Wells Fargo Adam Kramer - Morgan Stanley John Pawlowski - Green Street Josh Dennerlei ...

Over the past month we have observed some very interesting activity across the market’s more defensive sectors, considerable outperformance. Below we can see just how significantly the Utilities ((XLU), Healthcare ((XLV), Energy ((XLE) and Real Estate ((XLRE) sector ETF have outperformed the S&P 500 (in orange).The difference in performance is even more stark when compared to the Semiconductor ((SOXX) and Technology ((QQQ) ETFs, which have been the market darlings all year.So, what is going on here and how ...