Robust Liquidity Outlook

AvalonBay’s liquidity remains robust, with $80.68 million in unrestricted cash and cash equivalents. Interest coverage stands at 6.7× and net debt‑to‑core EBITDA is 4.6×. The firm has lifted its same‑store revenue outlook to 1.1‑2.1 % and its NOI outlook to 0‑1.4 % for the remainder of the year.