As of December 31, 2019, AvalonBay Communities, Inc. owned or held a direct or indirect ownership interest in 297 apartment communities containing 86,846 apartment homes in 11 states and the District of Columbia, of which 22 communities were under development and two communities were under redevelopment. The company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas primarily in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and the Northern and Southern California regions of the United States.
Tag: AvalonBay
Newmark Arranges Sale of 126-Unit Townhome Community Avalon Townhomes at Bee Cave in Affluent...
Newmark announces the sale of Brisa Townhomes, a 126-unit townhome community located at 4810 Brisa Way in Bee Cave, Texas, just west of Austin....
Avalon Bay Communities REIT Pays $95M for 306-Unit Denver Rental Community Avalon Cherry Hills
Publicly-traded Avalon Bay Communities purchased a 306-unit apartment community Alta Cherry Hills in the south Denver-metro area for $95 million. Bell Fund VI was the...
AvalonBay Communities, Inc. Announces New Executive Vice President Pamela Thomas for Portfolio and Asset...
AvalonBay Communities, Inc. announced today that Pamela Thomas will join AvalonBay as Executive Vice President, Portfolio and Asset Management. “As we continue to optimize our...
Sale of New Jersey multihousing community closes
JLL Capital Markets announced that it has closed the sale of eaves Lawrenceville, a 632-unit, value-add, garden-style multihousing community near Princeton University in Lawrenceville,...
Element luxury apartments in Baltimore sold
JLL Capital Markets announced it has closed the sale of Element Linthicum Heights (“Element”), a luxury apartment community located just outside of Baltimore, Maryland. JLL...
JLL closes sale of Avalon Tinton Falls in Monmouth County
JLL Capital Markets announced that it has closed the sale of Avalon Tinton Falls, a 216-unit, Class A garden-style apartment property in Tinton Falls,...
To top it off
Developers are working overtime to squeeze outdoor amenities into their new apartment buildings, even in urban neighborhoods where the only place to put an...
In hot water
When, in September 2015, the 182-unit Avalon Hayes Valley apartment complex in San Francisco was awarded LEED Platinum Certification in the Multifamily Midrise category,...
Risky business pays off
And, they’re expecting equally satisfying results from communities underway and in their pipelines. Equity Residential “There is absolutely no doubt that we continue to enjoy very...
Green shoots in challenged markets
Washington, D.C., where most apartment REITs recently have experienced disappointing, albeit expected, results in occupancy and revenue, remains perhaps the most worrisome, although there...
Riding out the storm in D.C.
“I love D.C.,” said Camden Property Trust CEO Ric Campo during the apartment REIT’s second quarter earnings conference call at the beginning of August. “That’s...
Build it and they will come
Since the fourth quarter of 2009, the REIT has started and completed 27 communities, representing over $1.4 billion in total capital cost. In addition,...
D.C. dysfunction
While AvalonBay Communities' portfolio in the nation's capital achieved positive revenue growth and rent growth in Q3, revenue growth from the company's D.C. Metro...
Maximum occupancy
Camden Property Trust "I think we're pretty well-positioned going into fourth quarter with an occupancy rate of 96 percent and that's directly related to a...
Apartment demand to outpace supply
"While overall housing production is projected to be well below structural demand, apartment deliveries are on the rise and projected to increase over the...