AvalonBay Communities, Inc. Announces Participation in the 2026 Citi Global Property CEO Conference, Provides First Quarter 2026 Business Update, and Publishes Updated Investor Presentation

Definitions Like-Term Effective Rent Change for an individual apartment home represents the percentage change in effective rent between two leases of the same lease term category for the same apartment. The Company defines effective rent as the contractual rent for an apartment less amortized concessions and discounts. Like-Term Effective Rent Change with respect to multiple apartment homes represents an average. New Move-In Like- Term Effective Rent Change is the change in effective rent between the contra ...