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Home Featured AvalonBay’s Southern California Residential Portfolio Posts 1.7 Percent Revenue Gain as Los Angeles Drags
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AvalonBay’s Southern California Residential Portfolio Posts 1.7 Percent Revenue Gain as Los Angeles Drags

May 5, 20263 Mins read544
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Mohamed Nohassi For Unsplash+
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The Arlington-based REIT is leaning on San Diego development and waiting for a demand catalyst in Los Angeles, where job growth has stalled. Southern California delivered AvalonBay Communities' largest residential revenue base in the first quarter, generating $152.8 million across 17,899 same-store apartment homes, but the region's headline 1.7 percent year-over-year revenue growth obscured a […]

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