Pacific Northwest Apartment Market Shows Resilience as AvalonBay Reshuffles Portfolio

Seattle-area properties deliver solid rent growth while REIT executes strategic asset swaps AvalonBay Communities' Pacific Northwest portfolio posted one of the stronger performances among its West Coast holdings in the third quarter, with rental revenue climbing 3.1 percent year-over-year to $41.5 million across 4,943 apartment homes. The region's 2.7 percent increase in average monthly revenue […]