AvalonBay Communities, Inc. (NYSE: AVB)
Arlington, VA 22203 (Map) Phone: 703-329-6300
Fax: 703-329-9130
http://www.avalonbay.com
Overview
AvalonBay Communities has it down in the apartment department. The real estate investment trust (REIT) buys, develops, renovates, and operates multifamily properties in the US. It specializes in upscale properties in high barrier-to-entry markets such as Boston, Chicago, Los Angeles, New York City, Seattle, San Francisco, and Washington, DC. By providing luxury living in high-demand areas where apartment-zoned land is in low supply, AvalonBay can also charge premium rent. The REIT owns about 180 apartment communities with more than 55,000 units. It also has more than a dozen properties under construction or redevelopment. Most are garden-style but AvalonBay also owns mid- and high-rise apartment buildings.
Sample OverviewKey Numbers from Hoover's UK
Key financials for AvalonBay Communities, Inc. (NYSE: AVB)
| Company Type | Public (NYSE: AVB) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £578.7 |
| 1-Year Sales Growth | 5.1% |
| 2010 Net Income (mil.) | £113.3 |
| 1-Year Net Income Growth | 12.6% |
| 2010 Employees | 1,993 |
| 1-Year Employee Growth | 6.2% |
Key People from Hoover's UK
Key people and executives for AvalonBay Communities, Inc. (NYSE: AVB)
| Chairman and CEO | Bryce Blair (Subscribers see complete biographies -- view sample)
|
|---|---|
| President and Director | Timothy J. (Tim) Naughton |
| EVP Operations | Leo S. Horey |
Top Competitors from Hoover's UK
Top competitors of AvalonBay Communities, Inc. (NYSE: AVB)
There are 10 competitors for AvalonBay; see more.Significant Developments
View company events at AvalonBay Communities, Inc. (NYSE: AVB) such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Top Executive Change | Subscribers get full details -- view a sample |
| Top Executive Change | |
| Address Change |
Industry Information from Hoover's UK
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More Industry InformationRankings from Hoover's UK
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