Company type | Public company |
---|---|
Industry | Real estate investment trust |
Predecessor | Avalon Properties Inc. Bay Apartment Communities, Inc. |
Founded | 1978 |
Headquarters | Arlington County, Virginia, U.S. |
Key people | Timothy J. Naughton (Chairman) Benjamin Schall (CEO) Kevin P. O’Shea (CFO) |
Revenue | US$2.301 billion (2020) |
1,765,786,000 United States dollar (2022) | |
US$827 million (2020) | |
Total assets | US$19.199 billion (2020) |
Total equity | US$10.752 billion (2020) |
Number of employees | 3,090 (2021) |
Website | www |
Footnotes / references [1] |
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.[2]