The acquisition closed on August 17, 2026 (SEC 8-K 2.01). Its last closing price was on August 14, 2026. It has left the AI-ranked universe. The score and rank below are its final ones, from August 14, 2026. Source: SEC 8-K 2.01
AVALONBAY COMMUNITIES INC AVB
NYSELarge CapReal Estate
Final 13F Pro quality score
Final rank #1,108 of 2,847 · as of August 14, 2026TOP 50%
AI-extracted from the 10-Q filed 2026-07-30 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
AvalonBay's Q2 2026 revenue rose 2.3% YoY to $777.8M, but net income to common stockholders fell 42.0% to $155.7M as gains on real estate sales dropped and the company booked $12.4M in costs tied to its pending all-stock merger with Equity Residential.
Biggest Revenue Drivers
Same Store$716.3M+1.7% YoY
Residential revenue rose $10,958,000, or 1.6%, on rent growth, partly offset by higher operating expenses
Management, development and other fees$1.8M+11.8% YoY
Fees earned from managing unconsolidated real estate entities and other ancillary items
Biggest Revenue Drivers
Total revenue: $777.8M+2.3% YoY
Same Store$716.3M+1.7% YoY
Residential revenue rose $10,958,000, or 1.6%, on rent growth, partly offset by higher operating expenses
Management, development and other fees$1.8M+11.8% YoY
Fees earned from managing unconsolidated real estate entities and other ancillary items
Largest Expense Items
Depreciation expense$233.0M+0.5% YoY
Addition of newly developed and acquired apartment communities, partially offset by dispositions
Increased repairs/maintenance and utility costs at Same Store communities plus newly added communities
Property taxes$90.1M+4.7% YoY
Increased rates and assessments, a smaller tax-appeal benefit, and expiration of property tax incentive programs
Interest expense, net$70.1M+8.1% YoY
Higher effective interest rate on unsecured indebtedness and increased commercial paper outstanding
Margins: Same Store NOI rose only 1.0% as operating expense growth (+2.9%) outpaced revenue growth (+1.6%); G&A increased 18.0% on legal costs and settlements, and expensed transaction/pursuit costs jumped to $20.0M from $2.5M a year ago on Merger costs.
Watch Items from the Filing
Pending all-stock merger with Equity Residential (2.793 exchange ratio) carries termination fees of up to $1.07B (AvalonBay) or $1.005B (Equity Residential) and remains subject to shareholder approvals.
Expensed transaction, development and other pursuit costs jumped to $19,976,000 from $2,493,000 a year earlier, including $12,367,000 of Merger-related costs.
AvalonBay remains a defendant in RealPage revenue-management antitrust litigation in D.C., Maryland and New Jersey; it cannot predict the outcome or estimate any loss.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Flynn Conor CReporting ownerDisposition to issuer · Aug 17, 2026
Congress trading in AVB
10 transactions in AVB reported by 5 members of Congress under the STOCK Act, most recent trade Oct 31, 2025. Reported transactions, not recommendations.
About AVALONBAY COMMUNITIES INC (AVB): stock profile, AI score and financials
Acquired by Vivmark Residential: AVALONBAY COMMUNITIES INC (AVB) no longer trades and has left 13F Pro's AI-ranked universe. The acquisition closed on August 17, 2026 (SEC 8-K 2.01). Its last closing price was on August 14, 2026. It has left the AI-ranked universe. The score and rank below are its final ones, from August 14, 2026. AVALONBAY COMMUNITIES INC (AVB) stock profile, AI quality score, and SEC EDGAR financial data, a Real Estate sector company. 13F Pro tracks AVB using direct SEC EDGAR data and AI-powered research tools. Based on the latest XBRL financial filings (Q2 2026), AVALONBAY COMMUNITIES INC reports quarterly revenue of $777.8M, net income of $155.7M, an operating margin of 68.0%. AVB trades on the NYSE exchange and files with the SEC under CIK 915912. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AVB daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for AVALONBAY COMMUNITIES INC directly from SEC EDGAR.