AvalonBay Communities Inc. is a publicly traded real estate investment trust that invests in apartments.
As of January 31, 2020, the company owned 79,636 apartment units, all of which were 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.
Traded as: NYSE: AVB; S&P 500 Index component
Industry: Real estate investment trust
Predecessor: Avalon Properties Inc.; Bay Apartment Communities, Inc.
Founded: 1978; 42 years ago
Headquarters: Arlington County, Virginia
Website: www.avaloncommunities.com
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