AvalonBay's (AVB) top line grows year over year, driven by a rise in same-store residential rental revenues. However, occupancy falls sequentially. It revises the 2022 outlook.
Mid-America Apartment's (MAA) Q3 core FFO and revenues outpace estimates. Results reflect an increase in the average effective rent per unit for the same-store portfolio.
Essex Property's (ESS) Q3 results reflect the recovery in its markets in the quarter.