AvalonBay Communities

AvalonBay Communities, Inc.
Company typePublic company
IndustryReal estate investment trust
PredecessorAvalon Properties Inc.
Bay Apartment Communities, Inc.
Founded1978; 46 years ago (1978)
HeadquartersArlington County, Virginia, U.S.
Key people
Timothy J. Naughton (Chairman)
Benjamin Schall (CEO)
Kevin P. O’Shea (CFO)
RevenueDecrease US$2.301 billion (2020)
1,765,786,000 United States dollar (2022) Edit this on Wikidata
Increase US$827 million (2020)
Total assetsIncrease US$19.199 billion (2020)
Total equityDecrease US$10.752 billion (2020)
Number of employees
3,090 (2021)
Websitewww.avaloncommunities.com
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]

  1. ^ "AVALONBAY COMMUNITIES, INC. 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "NMHC 50 Largest Apartment Owners". National Multifamily Housing Council.