Same Store total revenue increased $20,928,000, or 3.2%, to $672,942,000. Same Store Residential revenue increased $20,644,000, or 3.2%, to $666,166,000. Same Store Residential operating expenses increased $7,396,000, or 3.8%, to $204,092,000 and Same Store Residential NOI increased $13,248,000, or 3.0%, to $462,074,000.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVB:
- AvalonBay Communities (AVB) Q2 Earnings Cheat Sheet
- Citi sees little financial risk to apartment REITs from reported Biden plan
- Biden to unveil plan to cap rents as GOP convention begins, Washington Post says
- AvalonBay price target raised to $222 from $210 at Wells Fargo
- AvalonBay price target raised to $213 from $207 at Truist
