Overview
Description
AvalonBay Communities Inc. is an equity real estate investment trust (REIT) focused on the development, redevelopment, acquisition, and management of multifamily apartment communities. As one of the prominent players in the residential real estate sector, AvalonBay targets affluent and high-growth regions across the United States, particularly in urban and suburban markets. The company’s portfolio includes a wide range of upscale to mid-range multifamily apartment homes, catering to varying demographic profiles including young professionals, families, and retirees. A REIT like AvalonBay offers investors exposure to the real estate market with the added benefit of income in the form of dividends, making it significant in portfolios seeking stability through property investments. AvalonBay's emphasis on sustainability and innovation in construction and community design further enhances its reputation in the market. Headquartered in Arlington, Virginia, AvalonBay remains a key contributor to the housing supply in key metropolitan areas, addressing the dynamics of increasing urbanization and population growth.
About
CEO
Mr. Benjamin W. Schall
Employees
2928
Address
4040 Wilson Boulevard, Suite 1000
Arlington, 22203-2120, VA
United States
Arlington, 22203-2120, VA
United States
Phone
703 329 6300
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Residential
Country
United States
MIC code
XNYS