AvalonBay Communities Inc - Company Profile
Powered by 
All the data and insights you need on AvalonBay Communities Inc in one report.
$295
- Save hours of research time and resources with
our up-to-date AvalonBay Communities Inc Strategy Report
- Understand AvalonBay Communities Inc position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
AvalonBay Communities Inc (AvalonBay) is a real estate investment trust (REIT). It develops, acquires, owns, operates, and redevelops multifamily communities. The company develops a range of multifamily rental apartment communities in metropolitan areas in the US. AvalonBay also owns under development and under planning operating apartment communities. It operates apartment communities under brand names of Avalon, AVA and eaves by Avalon. As of January 31, 2023, it owned 275 operating apartment communities, 82,411 apartment homes in 12 states and the District of Columbia. The company has operations in New York, New Jersey, New England, Northern and Southern California, Mid-Atlantic, and Pacific Northwest. AvalonBay is headquartered in Arlington, Virginia, the US.
Headquarters
United States of America
Address
4040 Wilson Boulevard, Ste 1000, Arlington, Virginia, 22203
Website
www.avaloncommunities.com
Telephone
1 7033296300
No of Employees
3,039
Industry
Construction
Ticker Symbol & Exchange
AVB (NYSE)
Revenue (2022)
$2.8B
6.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-18.3%
(2022 vs 2021)
Market Cap*
$25.7B
Net Profit Margin (2023)
XYZ
-23.4%
(2022 vs 2021)
* As of and is in US$
AvalonBay Communities Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Property Leasing | Avalon |
| Real Estate Investment | AVA |
| Property Operation and Management | Kanso |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In April, the company announced its plans for 362 apartments at Aliso Viejo Town Center. |
| 2022 | Others | In May, the company selected 5G LLC to provide rooftop connectivity solutions. |
| 2022 | Contracts/Agreements | In May, the company and Abode Communities were selected to lead a long-proposed revamp of the West Los Angeles Civic Center. |
Competitor Comparison
| Key Parameters | AvalonBay Communities Inc | Equity Residential | Vornado Realty Trust | Kimco Realty Corp | Essex Property Trust Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Arlington | Chicago | New York | Jericho | San Mateo |
| State/Province | Virginia | Illinois | New York | New York | California |
| No. of Employees | 3,039 | 2,400 | 2,935 | 660 | 1,750 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Timothy J. Naughton | Chairman | Executive Board | 2013 | 60 |
| Benjamin W. Schall | Director; Chief Executive Officer; President | Executive Board | 2022 | - |
| Kevin P. O'Shea | Chief Financial Officer | Senior Management | 2014 | 56 |
| Sean J. Breslin | Chief Operating Officer | Senior Management | 2015 | 55 |
| Matthew H. Birenbaum | Chief Investment Officer | Senior Management | 2015 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward