Avalonbay communities, inc. provides first quarter 2021 operating update

Arlington, va.--(business wire)--avalonbay communities, inc. (nyse: avb) (the “company”) announced today that total residential rental revenue for established communities for the two months ending february 28, 2021 decreased 9.1% over the prior year period. this is consistent with the company's expectation for total residential rental revenue change during this period when the company published its outlook for the three months ending march 31, 2021 for established communities total residential
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