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AvalonBay Communities, Inc. · Alexandria, VA United States ·(NYSE: AVB)

Company Description

2900 Eisenhower Ave. Ste. 300
Alexandria, VA
22314
United States (Map)
Phone: 703-329-6300
Fax: 703-329-1459
Rankings
  • S&P 500
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AvalonBay Communities likes to go where the living is easy but the rules are strict. AvalonBay develops, acquires, refurbishes, leases, and manages apartment complexes. The real estate investment trust (REIT) focuses on upscale areas where low supplies of apartment-zoned land drives up demand and rent prices. AvalonBay owns about 170 apartment complexes containing more than 50,000 apartments in 10 states and Washington, DC. Most are branded under the Avalon name. Key markets include Boston and San Jose, California. Apartments are typically newer and upscale and offer such amenities as swimming pools, tennis courts, and patios; most are garden-style, but about three dozen are mid- or high-rise communities. To read the full description, subscribe now.

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Key AvalonBay Communities, Inc. Financials

Company TypePublic - NYSE: AVB

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$854.2
2008 Employees1,830

AvalonBay Communities, Inc. Executives

38 executives listed for AvalonBay Communities, Inc.'s Alexandria, VA location.
TitleName & BioContact
Chairman and CEOBryce BlairNetwork
President and DirectorTimothy NaughtonNetwork
EVP OperationsLeo HoreyNetwork

Competition

Competitive Landscape for AvalonBay Communities, Inc.
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.
Top AvalonBay Communities, Inc. Competitors
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