Highest-materiality recent filing
AvalonBay-EQR merger closes; Vivmark Residential debuts on NYSE as VMRK
Merger of equals completed Aug 17, 2026; AvalonBay shareholders receive 2.793 Vivmark shares per AVB share.
AvalonBay shareholders approve merger with Equity Residential; close expected Aug 17
AvalonBay stockholders approved merger with >99% of votes cast, representing ~90% of outstanding shares.
Three shareholder complaints filed in NY and Cook County alleging proxy disclosure deficiencies; companies deny merit but voluntarily supplement.
Q2 2026 Core FFO per share $2.86, up 1.4% YoY and above April guidance midpoint of $2.77.
AvalonBay and Equity Residential announce combined company leadership team; Schall named CEO
Benjamin Schall (AvalonBay CEO) to lead combined company as President & CEO; Steve Sterrett as Board Chair.
AvalonBay and Equity Residential agree to all-stock merger; AVB holders get 2.793 EQR shares
Each AvalonBay share converts to 2.793 Equity Residential common shares; combined co will have new name.
AvalonBay Communities Reports Q1 2026 EPS Up 40.4% to $2.33, Core FFO Flat at $2.83
Q1 2026 EPS rose 40.4% to $2.33 from $1.66 year-over-year.
AvalonBay Q4 EPS $1.17 (-41% YoY); Core FFO $2.85 (+1.8%); dividend up 1.7%
Q4 2025 EPS $1.17 vs $1.98 prior year (-40.9%); full-year EPS $7.40 vs $7.60 (-2.6%).
AvalonBay Q3 2025 EPS $2.68 beats forecast; Core FFO $2.75 slightly below midpoint
Q3 EPS $2.68, FFO per share $3.01, Core FFO $2.75; YoY: EPS +2.7%, FFO +4.5%, Core FFO +0.4%.
AvalonBay Q2 2025 EPS $1.88, FFO $2.80; Core FFO of $2.82 beats April outlook midpoint of $2.77
EPS $1.88, up 5.6% YoY; FFO per share $2.80, up 1.8% YoY.
AvalonBay Q1 Core FFO $2.83 beats midpoint; reaffirms full-year 2025 outlook
Q1 2025 EPS $1.66 vs $1.22 YoY (+36.1%); Core FFO per share $2.83 vs $2.70 (+4.8%).
AvalonBay Q4 EPS $1.98 (+16.5% YoY); Core FFO $2.80 (+2.2% YoY)
Q4 2024 EPS $1.98, up 16.5% from $1.70 in Q4 2023; full-year EPS $7.60 vs $6.56.
AvalonBay Q3 EPS $2.61, FFO $2.88, Core FFO $2.74; raises FY 2024 outlook
Q3 2024 EPS of $2.61, up 115.7% YoY; FFO per share $2.88 (+16.1%); Core FFO per share $2.74 (+3.0%).
AvalonBay Communities enters forward sale for 3.68M shares at $219.73 each
Agreement with Goldman Sachs, BofA, Deutsche Bank, Morgan Stanley to sell 3.2M shares; option for 480K shares exercised in full.
AvalonBay Q2 2024 EPS down 31.3% YoY, Core FFO up 4.1%; raises FY outlook
GAAP EPS $1.78 vs $2.59 Q2 2023, a 31.3% decline driven by lower real estate gains.
AvalonBay Q1 2024 EPS $1.22 beats $1.11 outlook; Core FPO per share $2.70 (+5.1% YoY)
EPS $1.22, up 16.2% YoY from $1.05; Core FFO $2.70 beat January mid-point outlook of $2.61.
AVB Q4 Core FFO up 5.8% YoY to $2.74; dividend raised 3.0%
Q4 2023 EPS $1.70 (down 1.2% YoY); Core FFO $2.74 (up 5.8% YoY).
AvalonBay Q3 Core FFO per share up 6.4% YoY to $2.66; GAAP EPS declines 65.7% to $1.21
Q3 2023 Core FFO per share rose 6.4% YoY to $2.66; FFO per share $2.48 (+0.8%).
AvalonBay Q2 EPS $2.59 beats outlook; Core FFO per share up 9.5% YoY
Q2 2023 EPS $2.59 vs $0.99 YoY (+161.6%); beat April outlook mid-point of $2.53.
AvalonBay Q1 EPS $1.05 (-44% YoY); Core FFO per share $2.57 (+13.7%)
EPS $1.05 vs $1.87 in Q1 2022, down 43.9% due to gain on sale and depreciation adjustments.
AvalonBay Q4 FFO $2.57 (+13.2% YoY); dividend up 3.8%; full-year Core FFO $9.79 (+18.5%)
Q4 2022 EPS $1.72 vs $2.40 YoY (-28.3%); FFO per share $2.57 vs $2.27 (+13.2%); Core FFO $2.59 vs $2.27 (+14.1%).
AvalonBay enters into up to $1B equity distribution agreements with multiple sales agents
Company enters into 15 amended sales agency financing agreements and 14 master forward sale confirmations.
AvalonBay Executive Chairman Naughton to become non-executive Chairman effective Jan 1, 2023
Timothy J. Naughton transitions from Executive Chairman to non-executive Chairman, effective Jan 1, 2023.
AvalonBay Q3 EPS $3.53 vs $0.56; Core FFO $2.50, up 21.4% YoY
Net income attributable to common stockholders $494.7M; diluted EPS $3.53 vs $0.56 YoY (+530.4%).
AvalonBay enters $2.25B revolving credit facility maturing 2026, replacing $1.75B facility
Principal amount $2.25B with accordion feature up to $3.0B; maturity Sept 27, 2026 with extension option.
AvalonBay Q2 Core FFO $2.43 beat, up 22.7% YoY; EPS $0.99 on lower gains
Q2 net income $138.7M; EPS $0.99 vs $3.21, down 69.2% largely on lower gain on sale.
AvalonBay Q1 2022 EPS $1.87, FFO $2.24, Core FFO $2.26; revenue up 8.7% YoY
Net income $262M; diluted EPS $1.87 vs $1.02 YoY, up 83.3%.
AvalonBay launches 2M share forward sale at $247.30 for land and development funding
2,000,000 shares of common stock sold via forward sellers; initial forward price $247.30 per share.
AvalonBay Q4 Core FFO $2.27 beats outlook, up 12.4% YoY; FY EPS $7.19
Q4 2021 EPS $2.40 (down 1.6% YoY) but above October outlook of $2.30.
Schall, currently President, adds CEO role; Naughton retires as CEO but stays as Executive Chairman half-time.
On February 12, 2024, W. Edward Walter informed the Company of his decision to retire from the Board of Directors (the “Board”) at the time of the Company’s 2024 Annual Meeting of Stockholders.
Keri A. Shea, Senior Vice President – Finance and Treasurer of AvalonBay Communities, Inc. (the “Company”), who is designated as the Company’s principal accounting officer (“PAO”), informed the Company that she will be retiring from the Company effective January 1, 2025.
Sean T. Willson, currently Senior Vice President – Corporate Controller, will serve as the Company’s designated PAO upon Ms. Shea’s retirement.
Alan B. Buckelew, who has served as a Board member since 2011, will be retiring from the Board at the time of the Company’s 2023 Annual Meeting of Stockholders.
On October 17, 2022, the Board of Directors (the “Board”) of AvalonBay Communities, Inc. (the “Company”) voted to appoint Charles (“Chaz”) E. Mueller, Jr. to the Board, effective November 1, 2022.
Mr. McLaughlin executed a Retirement Agreement on December 16, 2021 (the “Retirement Agreement”), and, as previously announced, will retire from the Company on January 1, 2022 (the “Retirement Date”).
Also effective January 3, 2022, Timothy J. Naughton, the Company’s current Chairman of the Board and Chief Executive Officer, will retire as the Company’s Chief Executive Officer and assume the role of Executive Chairman of the Board.
had appointed Benjamin W. Schall, the Company’s current President and a director, to the additional role of Chief Executive Officer effective January 3, 2022
On July 26, 2021, William M. McLaughlin informed the Company of his intent to retire from his position as Executive Vice President – Development & Construction on or about January 1, 2022
Max materiality 1.00 · Median 0.60 · Most common event earnings