AVALONBAY COMMUNITIES INC

AvalonBay Communities is an equity real estate investment trust (REIT) that develops, redevelops, acquires, and manages apartment communities across the United States. The company's portfolio consists of 320 communities containing approximately 98,694 apartment homes spread across 11 states and the District of Columbia, with 24 communities under active development as of December 31, 2025. AvalonBay derives revenue primarily from the leasing of apartment units and related residential services.

The company operates across two major geographic regions: the East Coast, where it maintains significant holdings in New England, the New York/New Jersey Metro area, and the Mid-Atlantic, and the West Coast, particularly in Northern and Southern California and the Pacific Northwest. Beyond these core markets, AvalonBay has expanded operations into secondary metropolitan areas including Raleigh-Durham and Charlotte, North Carolina; Southeast Florida; Dallas and Austin, Texas; and Denver, Colorado. This geographic diversification spans both high-density coastal markets and growing inland metros.

AvalonBay is a constituent of the S&P 500 and is headquartered in Arlington, Virginia. The company manages its portfolio of residential communities at scale, operating across diverse market conditions and demographic regions while maintaining direct or indirect ownership interests in its properties.