AvalonBay Communities Inc - Company Profile
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Business Description
AvalonBay Communities Inc (AvalonBay) is a real estate investment trust (REIT). The company develops, redevelops, acquires, owns, and operates multifamily communities. AvalonBay invests in current communities, development communities, and development right properties. Its portfolio includes residential, non-residential, and commercial projects in New York, New Jersey, New England, Northern and Southern California, Mid-Atlantic, Pacific Northwest, Southeast Florida, and Denver.
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Business Segments
- Established Communities
- Other Stabilized Communities
- Development/Redevelopment Communities
- Non-allocated
- Same Store
Overview
Operates all other completed consolidated communities, which have stabilized occupancy in Colorado, Denver and Southeast Florida.
Performance
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Overview
Comprises consolidated communities that are currently under development or under construction; communities which are in progress or planned for development; communities, which are under lease for less than one year. Also, includes development rights, which have opportunities for the development process of acquired land or signed a contract to purchase land. Comprises garden-style apartment communities such as multi-story buildings and townhome apartments; and mid- and high-rise apartment communities with structured parking.
Performance
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Overview
Comprises third-party management fees, asset management fees and developer fees and miscellaneous income.
Performance
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Overview
Comprises consolidated communities in the New England, Pacific Northwest, New York, Mid-Atlantic, New Jersey, and Northern and Southern California regions.
Performance
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