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Avalonbay Communities Inc. (AVB)

143.80 Up 0.29(0.20%) 4:01PM EDT
|After Hours : 143.80 0.00 (0.00%) 4:22PM EDT
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Avalonbay Communities Inc.
Ballston Tower
671 North Glebe Road
Arlington, VA 22203
United States - Map
Phone: 703-329-6300
Fax: 703-329-9130

Index Membership:N/A
Industry:REIT - Residential
Full Time Employees:2,900

Business Summary 

AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. As of January 31, 2009, the company owned or held a direct or indirect ownership interest in 164 operating apartment communities comprising 45,728 apartment homes in 10 states and the District of Columbia. It also held a direct or indirect ownership interest in 14 communities under construction, as well as held rights to develop an additional 27 communities. The company’s markets are located in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Midwest, the Pacific Northwest, and the Northern and Southern California regions of the United States. AvalonBay Communities has elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1978 and is based in Arlington, Virginia.

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Corporate Governance 
Avalonbay Communities Inc.’s ISS Governance QuickScore as of Jul 1, 2014 is 6. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 7; Compensation: 6.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Timothy J. Naughton , 52
Chairman, Chief Exec. Officer, Pres and Member of Investment & Fin. Committee
Mr. Sean J. Breslin , 47
Exec. VP of Investments & Asset Management
Mr. Leo S. Horey III, 51
Chief Admin. Officer, Exec. VP and Member of Management Investment Committee
Mr. Matthew H. Birenbaum , 48
Exec. VP of Corp. Strategy
Mr. Kevin P. O'Shea , 48
Chief Financial Officer
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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