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| Properties | Apartment homes | |
|---|---|---|
| Owned, operated, or developing (10-Q) | 179 | 60,838 |
| Operating homes at period end | 176 | 59,676 |
| Under construction | 3 | 1,162 |
| California held for sale | 11 | 3,620 |
| Period | New lease (%) | Renewal (%) | Blended (%) |
|---|---|---|---|
| Q2 2025 | -2.1 | 3.7 | 0.7 |
| Q1 2026 | -5.5 | 2.9 | -1.6 |
| Q2 2026 | -3.3 | 2.8 | -0.2 |
| Comparison | Revenue (%) | Expense (%) | NOI (%) |
|---|---|---|---|
| Q2 2026 vs Q2 2025 ex-CA | -0.1 | 2.4 | -1.4 |
| Q2 2026 vs Q1 2026 ex-CA | 0.7 | 4.3 | -1.3 |
| Q2 2026 vs Q2 2025 including CA | 0.2 | 2.7 | -1.3 |