AvalonBay Northern California Residential Revenue Climbs 3.9% as San Francisco Rents Surge 8.1%

The Bay Area is now AvalonBay's strongest established region, with strength spilling from San Francisco and San Jose into the East Bay during the first quarter. Northern California has emerged as AvalonBay Communities' clearest growth story, with same-store residential revenue rising 3.9 percent year-over-year to $114.3 million in the first quarter — the strongest performance […]