Symbol: AVB
CIK: 915912
Exchange: NYSE
Founded: 1978
HQ: Arlington, VA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Residential
AvalonBay Communities, Inc. (NYSE: AVB) is a publicly traded real estate investment trust that acquires, develops, redevelops and manages multifamily residential properties. Formed through the 1998 combination of Avalon Residential and Bay Apartment Communities, AvalonBay focuses on high-quality apartment communities concentrated in coastal and high barrier-to-entry U.S. markets, including the Northeast, New York/New Jersey metro area, Mid-Atlantic, Pacific Northwest and Southern California. The company’s strategy emphasizes new development and value-add redevelopment alongside professional property management to drive occupancy, rental growth and long-term asset appreciation. As a REIT, AvalonBay distributes a substantial portion of its taxable income to shareholders in the form of dividends and reports results publicly as a regulated, tax-advantaged real estate company. Its operations and portfolio composition are subject to macroeconomic conditions, local housing supply/demand dynamics, and regulatory factors affecting multifamily housing.
| Material | Source | Description |
|---|---|---|
| Equity Residential and AvalonBay Communities Announce Shareholder Approvals for Merger to Create Vivmark Residential (2026-08-12) | BUSINESS WIRE | ARLINGTON, Va. & CHICAGO--(BUSINESS WIRE)--AvalonBay Communities, Inc. (“AvalonBay”) (NYSE: AVB) and Equity Residential (NYSE: EQR) today announced that at their respective special meetings, AvalonBay stockholders and Equity Residential shareholders overwhelmingly approved all of the proposals necessary to close the pending merger of equals between AvalonBay and Equity Residential (the “merger”). More than 99% of the votes cast at the AvalonBay special meeting voted to approve the merger, which represented approximately 90% of the outstanding shares of AvalonBay common stock, as of the record date, and more than 99% of the votes cast at Equity Residential’s special meeting voted to approve the issuance of Equity Residential common shares to AvalonBay stockholders as consideration in the merger, which represented approximately 90% of the outstanding Equity Residential common shares, as of the record date. |
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Mid-America Apartment Communities, Inc. (MAA) | 6.2 | NYSE | Large-Cap | Residential | United States |
| Essex Property Trust, Inc. (ESS) | 7.7 | NYSE | Large-Cap | Residential | United States |
| Apartment Investment & Management Co. (Aimco) (AIV) | 3.3 | NYSE | Small-Cap | Residential | United States |
| UDR Inc. (UDR) | 6.4 | NYSE | Large-Cap | Residential | United States |
| Independence Realty Trust, Inc. (IRT) | 7.3 | NYSE | Mid-Cap | Residential | United States |
Last updated: 2026-09-15 - v7.4.0