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Properties in States With Highest Population Loss Help Boost Apartment REIT's Bottom Line

AvalonBay Communities To Spend $900 Million on Construction Starts This Year
Altis Miramar in Florida is one of four properties AvalonBay Communities bought last year. (CoStar)
Altis Miramar in Florida is one of four properties AvalonBay Communities bought last year. (CoStar)
CoStar News
February 9, 2023 | 11:03 P.M.

New York and Southern California played big parts in boosting revenue and profit last year for one of the largest U.S. apartment owners even as those states experienced the nation's highest population losses in 2022.

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