AVB

AvalonBay Communities, Inc. is one of the largest real estate investment trusts focused on developing, redeveloping, acquiring, and managing apartment communities in leading metropolitan areas. The company's portfolio includes tens of thousands of apartment homes in high-demand markets including New England, New York/New Jersey, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California. AvalonBay develops and operates luxury, upscale, and affordable apartment communities, targeting submarkets with strong employment growth, high barriers to new construction, and quality-of-life amenities. The company generates revenue through residential rental income, managing properties to high occupancy rates with attractive rental rate growth. AvalonBay's development pipeline creates embedded growth through new apartment deliveries. Founded in 1978 and headquartered in Arlington, Virginia, AvalonBay has consistently delivered superior long-term returns for shareholders. The company benefits from housing affordability challenges supporting rental demand, demographic tailwinds in household formation, and its premier portfolio in supply-constrained coastal markets.