Avalonbay Communities is in the business of developing, redeveloping, acquiring and managing apartment communities in the leading metropolitan areas 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. The company was founded in 1978 and is based in Arlington, Virginia.
The time has come to look at another one of the companies I tend to invest in - this one is AvalonBay Communities (AVB). AvalonBay Communities is the 3rd largest owner of apartments in the US. Since I consider living space or apartments, in particular in premium locations, to be...
AvalonBay Communities, Inc. (NYSE: AVB) announced today that its Board of Directors declared a cash dividend on the Company’s Common Stock (par value $0.01 per share) for the third quarter of 2020. The Common Stock dividend is $1.59 per share and is payable October 15, 2020 to all Common Stockholders of Record as of September 30, 2020.
AvalonBay Inc. is a real estate investment trust that develops, owns, and operates apartment communities. The company focuses on luxury buildings in upscale markets with high job growth and quality of life, such as New York, Los Angeles, and Boston. AvalonBay owns 296 communities with almost 87,000 apartments. The company was founded in 1978 and reincorporated in 1995, when it began to focus on apartment communities. AVB shares are a component of the S&P 500.
The market has generally skidded lower over trading days spanning two weeks. Is this a healthy correction of an overbought market, or a sign of further market distress to come? We won't know right away -- but, so far, the stock market mainly has unwound much of its August run-up.
On Monday, 9/14, apartment REIT Aimco (AIV) announced a series of transactions to unlock value for shareholders. The set of transactions include: 1) Separation of Aimco's stabilized REIT portfolio (will be AIR) from its lumpier, less predictable apartment development business. 2) The sale of 12 California apartment buildings into a...
Weighing Machine on Seeking Alpha | September 15, 2020