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AvalonBay Communities Inc (AVB)

AVB on New York Consolidated

182.87USD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Avalonbay Communities posts Q3 core FFO per share $2.19
Monday, 30 Oct 2017 04:15pm EDT 

Oct 30 (Reuters) - Avalonbay Communities Inc :Avalonbay Communities Inc announces third quarter 2017 operating results.Q3 core FFO per share $2.19.Avalonbay Communities Inc sees ‍Q4 projected FFO per share $2.19 to $2.25​.Avalonbay Communities Inc sees ‍Q4 projected core FFO per share $2.21 to $2.27​.Avalonbay Communities Inc qtrly ‍FFO earnings per share $2.34​.  Full Article

Avalonbay Communities to acquire the Lodge Denver West
Tuesday, 5 Sep 2017 08:30am EDT 

Sept 5 (Reuters) - Avalonbay Communities Inc :Avalonbay Communities, Inc. enters Denver market with acquisition of the Lodge Denver West.Acquired Lodge Denver West, a 252-unit apartment home community completed in 2016, located in Lakewood, Colorado.Company acquired community on September 1, 2017 for a purchase price of approximately $76.8 million.  Full Article

Avalonbay Communities Q2 core FFO per share $2.09
Wednesday, 2 Aug 2017 04:17pm EDT 

Aug 2 (Reuters) - Avalonbay Communities Inc :Avalonbay Communities, Inc. announces second quarter 2017 operating results and updates full year 2017 financial outlook.Q2 core FFO per share $2.09.Avalonbay Communities Inc -qtrly FFO per share $1.90.Avalonbay Communities Inc sees Q3 projected EPS $2.01 - $2.07.Avalonbay Communities Inc sees Q3 projected FFO per share $2.25 - $2.31.Avalonbay Communities Inc sees FY 2017 projected FFO per share $8.35 - $8.55.Avalonbay Communities Inc sees FY 2017 projected core FFO per share $8.50 - $8.70.Avalonbay Communities Inc sees FY 2017 projected EPS $6.24 - $6.44.  Full Article

Avalonbay says yield maintenance penalty to have no effect on core FFO/shr
Monday, 12 Jun 2017 09:16am EDT 

June 12 (Reuters) - Avalonbay Communities Inc ::Avalonbay Communities - given notice to Freddie Mac that on june 30 intends to prepay all indebtedness outstanding under co's Freddie Mac secured debt pool.Avalonbay Communities - prepayment of debt pool will require payment of yield maintenance penalty, which is estimated to be about $34 million as of June 9 -sec filing.Avalonbay Communities Inc - yield maintenance penalty will be a charge to co's earnings in Q2.Avalonbay Communities Inc - aggregate principal amount of secured indebtedness outstanding in connection with the debt pool is $556.3 million as of june 1, 2017.Avalonbay Communities Inc - yield maintenance penalty will be adjusted out of company's 2017 core FFO for both Q2 and full year.Avalonbay Communities - prepayment of Freddie Mac debt pool, payment of yield maintenance penalty were not contemplated in co's financial outlook for 2017.Avalonbay Communities - yield maintenance penalty is expected to reduce 2017 FFO per share for Q2 and full year by $0.25 and $0.25, respectively.Avalonbay Communities Inc - yield maintenance penalty will have no effect on core FFO per share.Avalonbay Communities - yield maintenance penalty is expected to reduce co's 2017 earnings per share for Q2, full year by $0.25 and $0.25, respectively.Avalonbay Communities - yield maintenance penalty will be charge to earnings in Q2, is expected to reduce 2017 EPS for Q2 and FY by $0.25 and $0.25.  Full Article

Avalonbay Communities reports Q1 core FFO per share $2.09
Wednesday, 26 Apr 2017 04:15pm EDT 

April 26 (Reuters) - Avalonbay Communities Inc :Announces first quarter 2017 operating results.Q1 core FFO per share $2.09.Avalonbay Communities Inc - qtrly funds from operations attributable to common stockholders per share $2.04.Avalonbay Communities Inc - sees Q2 projected ffo per share $2.18 - $2.24.Avalonbay Communities Inc - sees Q2 projected core ffo per share $2.07 - $2.13.Avalonbay Communities Inc - impairment charge of $0.08 per share in Q1 of 2017 will impact EPS and FFO/share but not core FFO/share for 2017.Q1 FFO per share view $2.12 -- Thomson Reuters I/B/E/S.Q2 FFO per share view $2.16 -- Thomson Reuters I/B/E/S.  Full Article

AvalonBay sells 684-unit Gaithersburg, Maryland, apartment complex for $117 mln
Thursday, 2 Mar 2017 08:00am EST 

Avalonbay Communities Inc : Avalonbay communities sells 684-unit gaithersburg, maryland, apartment complex for $117 million .Says property sold for $117 million, or $171,053 per unit.  Full Article

Avalonbay Communities Q4 core FFO per share $2.12
Wednesday, 1 Feb 2017 04:16pm EST 

Avalonbay Communities Inc : Avalonbay Communities, Inc. Announces 2016 operating results, 5.2 pct dividend increase and initial 2017 financial outlook . Q4 FFO per share $2.09 . Q4 core FFO per share $2.12 . Avalonbay Communities Inc - sees Q1 projected ffo per share $2.09 - $2.15 . Avalonbay Communities Inc - sees Q1 projected core ffo per share $2.06 - $2.12 . Q4 FFO per share view $2.10 -- Thomson Reuters I/B/E/S . Q1 FFO per share view $2.12 -- Thomson Reuters I/B/E/S . Avalonbay Communities Inc - declared a dividend for q1 of 2017 of $1.42 per share on company's common stock . Q4 FFO per share view $2.10 -- Thomson Reuters I/B/E/S . Q1 FFO per share view $2.12 -- Thomson Reuters I/B/E/S . Fy2017 FFO per share view $8.67 -- Thomson Reuters I/B/E/S . Sees 2017 projected ffo per share $8.59 - $8.99 . Avalonbay Communities Inc - sees 2017 projected core ffo per share $8.44 - $8.84 .Sees 2017 projected core ffo per share $8.44 - $8.84.  Full Article

Avalonbay Communities Q2 core FFO per share $2.03
Monday, 25 Jul 2016 04:17pm EDT 

Avalonbay Communities Inc : Sees q3 projected eps $2.69 - $2.75; fy projected eps $7.48 - $7.68 . Sees q3 projected ffo per share $2.14 - $2.20, fy projected ffo per share $8.26 - $8.46 . Q3 FFO per share view $2.08 -- Thomson Reuters I/B/E/S . Avalonbay communities, inc. Announces second quarter 2016 operating results and updates full year 2016 financial outlook . Q2 core FFO per share $2.03 . Q2 FFO per share $1.99 . Sees q3 2016 projected core ffo per share $2.05 - $2.11; sees fy 2016 core FFO per share $8.13 - $8.33 .Fy2016 FFO per share view $8.36 -- Thomson Reuters I/B/E/S.  Full Article

Avalonbay Communities provides Q2 2016 operating update
Monday, 6 Jun 2016 04:15pm EDT 

AvalonBay Communities Inc : AvalonBay Communities Inc provides second quarter 2016 operating update .Expects total rental revenue for established communities for three months ending June 30, 2016 to increase between 4.9 pct & 5.1 pct.  Full Article

Avalonbay Communities buys Market Common Clarendon for $406 mln
Monday, 16 May 2016 05:01pm EDT 

Avalonbay Communities Inc : Purchase price for Market Common Clarendon was $406.0 million, of which Avalonbay contributed $120.3 million .Avalonbay Communities announces Market Common Clarendon acquisition.  Full Article

BRIEF-Avalonbay Communities posts Q3 core FFO per share $2.19

* Avalonbay Communities Inc announces third quarter 2017 operating results