AVB 📈 AvalonBay Communities - Overview

AvalonBay Communities, Inc. operates as a multifaceted real estate investment trust, focusing on the development, redevelopment, acquisition, and management of apartment communities in key metropolitan areas across the United States. The company's portfolio spans several regions, including New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and both Northern and Southern California. Additionally, AvalonBay has been expanding into new markets such as Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado, further diversifying its geographic presence.

As of September 30, 2024, the company's assets included 305 apartment communities, comprising 92,908 apartment homes across 12 states and the District of Columbia. This extensive portfolio underscores AvalonBay's significant position in the multifamily residential sector. Notably, 19 communities were under development at the time, indicating the company's ongoing commitment to growth and expansion. With a strong online presence, including its website at https://www.avalonbay.com, AvalonBay Communities, Inc. is well-positioned to continue its trajectory in the real estate investment trust sector.

From a financial and regulatory standpoint, AvalonBay Communities, Inc. is listed on the New York Stock Exchange under the ticker symbol AVB and is a member of the S&P 500, reflecting its market capitalization and significance within the equity markets. The company's common stock is traded under the ISIN US0534841012, and it is classified within the GICS Sub Industry of Multi-Family Residential REITs. This classification highlights AvalonBay's specialization in the development and management of residential properties, catering to the housing needs of a diverse range of tenants across its operational footprint.