| 134.37 Real-Time Quote |  -0.53 / -0.39%Today’s Change | 123.04 Today|||52-Week Range 151.23 | -0.90% Year-to-Date |
| SECTOR Finance | INDUSTRY Real Estate Investment Trusts | MARKET CAP $17.5B |
Company Description
AvalonBay Communities, Inc. is a real estate investment trust that is engaged in the development, redevelopment, acquisition, ownership and operation of multifamily communities in high barrier to entry markets of the U.S. It operates through three segments: Established Communities segment, Other Stabilized Communities segment and Development/Redevelopment Communities segment. The Established Communities segment is generally operating communities that are owned and had stabilized occupancy. The Other Stabilized Communities segment includes all other completed communities that have stabilized occupancy. The Development/Redevelopment Communities segment consists of communities that are under construction and have not received a final certificate of occupancy. AvalonBay Communities was founded by Gilbert M. Meyer in 1978 and is headquartered in Arlington, VA.
Employees
Shareholders
| Mutual fund holders | 54.37% |
| Other institutional | 36.21% |
| Individual stakeholders | 1.54% |
Top Executives
| Timothy J. Naughton, MBA | Chairman, President & Chief Executive Officer |
| Sarah Klingele Mathewson, MBA | Vice President-Operations |
| Thomas J. Sargeant, CPA | Chief Financial Officer |
| Karen A. Hollinger | Vice President-Information Services |
| Leo S. Horey, III, MBA | Chief Administrative Officer & Executive VP |
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