Company
Headquarters: Arlington, VA, United States
Founded: 1978
Employees: 2,839
CEO: Mr. Benjamin W. Schall
$35.19 Billion
USD as of April 1, 2022
AvalonBay Communities, Inc. is a real estate investment trust dedicated to residential properties. It develops, redevelops, acquires, and manages more than 75,000 apartment units, located in the New England area, the New York City and Washington, D.C. metropolitan areas, and the states of California, Washington, Florida, and Colorado.
As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion markets consisting of Southeast Florida and Denver, Colorado (the "Expansion Markets").
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments. As of January 31, 2021, the company owned 79,856 apartment units in New England, the New York City metropolitan area, the Washington, D.C. metropolitan area, Seattle, and California. It is the 3rd largest owner of apartments in the United States.
Source: Wikipedia, retrieved on March 31, 2022, 8:42 p.m.
Timothy J. Naughton, Chairman Benjamin Schall CEO Kevin P. O’ Shea, CFO
Revenue: $2.301 billion (2020)
Net income: $827 million (2020)
Total assets: $19.199 billion (2020)
Total equity: $10.752 billion (2020)
AvalonBay Communities, Inc. has the following listings and related stock indices.
Stock: NYSE: AVB
Stock: Bovespa: A1VB34
Stock: FSX: WV8