Avalonbay Communities Inc.

AvalonBay Communities, Inc. (AVB) is a US residential real estate investment trust that owns, operates and develops high-quality apartment communities, primarily in supply‑constrained coastal and urban markets. With a market capitalisation of about $26.6 billion, AvalonBay focuses on generating stable rental income through leasing, selective development and targeted acquisitions. Investors often view it as an income‑oriented play on multifamily housing; the company has a history of paying dividends, though distributions depend on earnings and cash flow. Key performance drivers include local employment and population trends, occupancy and rent growth, new supply and financing costs. Principal risks are economic slowdowns, rising interest rates that raise borrowing costs and can pressure valuations, development execution and local regulatory changes such as rent‑control measures. This summary is educational only and not personal advice; suitability depends on an investor’s goals, time horizon and risk tolerance.