Question · Q3 2025
Mike On asked if the multiplier effect of D.C. job cuts on the DMV region reduces confidence in market rent growth for 2026 and how it might impact acquisition properties in that region.
Answer
Sean Breslin, Chief Operating Officer, reiterated that any direct impact from D.C. government layoffs would likely be manifesting around the current time, and it remains uncertain if a broader ripple effect has occurred. He also stated that AvalonBay has not acquired any properties in the D.C. region for a considerable period.