Quarterlytics / Real Estate / REIT - Residential / AvalonBay Communities

AvalonBay Communities

AVB · NYSE Real Estate
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Ticker AVB
Exchange NYSE
Sector Real Estate
Industry REIT - Residential
Employees 1001-5000

Business description

Multifamily housing developer and operator, the Company, recently disclosed its latest portfolio details, demonstrating ownership or direct/indirect ownership interest in nearly 300 apartment communities, encompassing a total of 88,475 apartment homes across 12 states and the District of Columbia. Out of this, 18 communities are currently under development, while one community is undergoing redevelopment. As an equity real estate investment trust (REIT), the Company specializes in the development, redevelopment, acquisition, and management of residential communities in significant metropolitan areas, including New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California. The Company has also increased its presence in expansion markets, such as Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.

avaloncommunities.com
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Company facts
TickerAVB
ExchangeNYSE
Sector Real Estate
Industry REIT - Residential
Employees1001-5000