AvalonBay Communities Inc

Overview

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, 2021, it owned 272 operating apartment communities, 16 communities under development and 24 communities with development rights. 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.
Key Stats
Address
4040 WILSON BOULEVARD, STE 1000, ARLINGTON, Virginia
Headquarters

United States of America

Contact

1 703 3296300

No of Employees

3,090

Industry

Construction

Ticker Symbol & Exchange​

AVB [NYSE]

Revenue (2020)

$2,301 m

-1% (2020 vs 2019)
Net Income (2020)

$828 m

5.4% (2020 vs 2019)
Net Profit Margin

36 %

6.4% (2020 vs 2019)
Market Cap *

$32,180 m

EPS *

$5.9

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters AvalonBay Communities IncEquity ResidentialVornado Realty TrustEssex Property Trust Inc
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City ARLINGTON CHICAGO NEW YORK SAN MATEO
Headquarter State/Province Virginia Illinois New York California
No. of Employees 3,090 2,600 2,899 1,799
Entity Type Public Public Public Public

Products & Services

AvalonBay carries out the development, redevelopment and operations of multifamily communities. Key services and brands offered by the company include:

Services
  • Property Leasing
  • Property Operation and Management
  • Property Development
  • Etiam Rutrum Elit
Brands
  • Avalon
  • AVA
  • Eaves by Avalon
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Sean J. Breslin Chief Operating Officer Senior Management 2015 54 Mr. Sean J. Breslin has been the Chief Operating Officer of the company since 2015. Previously, he served as an...
Matthew H. Birenbaum Chief Investment Officer Senior Management 2015 55 Mr. Matthew H. Birenbaum has been the Chief Investment Officer of the company since 2015. Prior to this, he served...
Kevin P. O'Shea Chief Financial Officer Senior Management 2014 55 Mr. Kevin P. O'Shea has been the Chief Financial Officer of the company since 2014. Prior to this, he served...
Timothy J. Naughton Chairman; Chief Executive Officer; President Executive Board 2013 59 Mr. Timothy J. Naughton has been the Chairman and the Chief Executive Officer of the company since 2013. He served...
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History

Year Event Description
2020 Financing Agreements In July, the company along with Navitas Capital and Equity Residential invested US$6.5 million in…
2018 Asset Disposal In December, the company completed the sale of 80% stake in Five Manhattan Apartment Communities.
2017 Asset Disposal In March, the company sold its 684-unit Gaithersburg, Maryland, an apartment complex for US$117 million…
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2016 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2015 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Archstone-Smith Unitholder Services LLC

Address

9200 East Panorama Circle, Suite 400, Englewood
United States of America

Telephone

1 3037085959

Website

www.archstonesmith.com
Archstone Inc

Address

1245 Stripling Chapel Road, Carrollton
United States of America

Telephone

1 678 7962008

Website

www.archstoneinc.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
21 Jul 2020 Elise AI Technologies (MeetElise) Secures USD6.5 Million in Series A Funding Venture Financing Navitas Capital; Equity Residential; AvalonBay Communities Inc Elise AI Technologies
08 May 2020 AvalonBay Communities Raises USD600 Million in Public Offering of 2.646% Bonds Due 2031 Debt Offering AvalonBay Communities Inc
15 Mar 2018 AvalonBay Communities Raises USD300 Million Public Offering of Notes Due 2048 Debt Offering AvalonBay Communities Inc
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Jobs Overview

245

Active Jobs

142

Posted

172

Closed

Job Trends

Latest Jobs

Job title Company Country
Lead Maintenance Technician AvalonBay Communities Inc United States
Lead Maintenance Technician AvalonBay Communities Inc United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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