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AvalonBay Communities, Inc.
Type Public (NYSEAVB)
Founded United States Alexandria, Virginia (1994)
Headquarters Alexandria, Virginia
Industry Real Estate
Products Luxury Apartment Communities
Revenue 737 million US Dollars (2006)
Website [1], [2]

AvalonBay Communities, Inc. is in the business of developing, redeveloping, acquiring and managing high-quality apartment communities in the high barrier-to-entry markets of the United States. These markets are located in the Northeast, Mid-Atlantic, Midwest, Pacific Northwest and Northern and Southern California regions of the country. The Company owns, or holds interests in, hundreds of apartment communities with over 50,000 housing units in these markets. In addition, at any given time, the Company has a number of communities under construction and reconstruction, as well as holding future development rights for other communities. AvalonBay Communities, Inc.'s common stock trades on the New York Stock Exchange and under the ticker symbol "AVB."

Awards and recognition

The company has received numerous awards, including the National Association of Home Builders’ Pillars of the Industry “Property Management Company of the Year” award in 2007.

  • 2008 Corporate Responsibility Office (CRO) names AvalonBay to "100 Best Corporate Citizens 2008"
  • 2007 MFE Project of the Year: Low-Rise - Avalon Del Rey, Marina Del Rey, Calif
  • 2007 CTAA Community of the Year at Fifth Annual Nutmeg Awards - Avalon Walk
  • 2006 CTAA Community of the Year at fourth Annual Nutmeg Awards - Avalon Milford
  • 2007 NJAA Best of the Industry "New Jersey Property Management Company of the Year"
  • 2007 NAHB Pillars of the Industry "Property Management Company of the Year"
  • 2005 NAHB "Pillars of the Industry" Best High-Rise Rental Apartment – Avalon at Mission Bay, San Francisco, CA
  • 2005 NAHB "Pillars of the Industry" Multi-Family Development Firm of the Year
  • 2004 Multifamily Executive "Builder of the Year"
  • 2004 Green Street Advisors "REIT of The Year"
  • 2004 NAHB "Pillars of the Industry" Best Luxury Rental Apartment – Avalon at Newton Highlands, Newton, MA
  • 2004 Multifamily Executive "Project of the Year" – Avalon at Mission Bay, San Francisco, CA
  • 2004 Multifamily Executive "Builder of the Year"
  • 2003 Best Corporate Website – www.avaloncommunities.com
  • 2001 Best Luxury Multifamily Development
  • 2000 Best Multifamily Community by a REIT—Avalon Silicon Valley, Sunnyvale, CA
  • 2000 Multifamily Executive- "Executive of the Year"
  • 1999 Best Mid- or High-Rise Apartment Community—Avalon at Longwood Towers, Brookline, MA
  • 1999 Best Rehabilitation of a Multifamily Property—Avalon at Longwood Towers, Brookline, MA
  • 1998 Development Firm of the Year
  • 1998 Best Mid- or High-Rise Development of the Year—Avalon Grove, Stamford, CT
  • 1997 Property Management Firm of the Year

External links

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