AVB Profile
The company owned or had ownership interests in 291 apartment communities, comprising a total of 86,025 apartment homes across 11 states and the District of Columbia. Additionally, the company had 18 communities in various stages of development and one community undergoing redevelopment. Functioning as an equity Real Estate Investment Trust (REIT), the company focuses on the development, redevelopment, acquisition, and management of apartment communities. Its portfolio is strategically located in major metropolitan areas such as New England, the New York/New Jersey Metro area, the Mid-Atlantic region, the Pacific Northwest, Northern and Southern California, as well as in key expansion markets including Southeast Florida and Denver, Colorado (collectively known as the "Expansion Markets").
Specializing in residential properties, the company's operations encompass a comprehensive approach to real estate management, with a keen emphasis on enhancing property values and maximizing investor returns. Through its ongoing development and redevelopment initiatives, the company aims to meet the evolving demand for quality housing in high-growth urban and suburban markets across the United States. This strategic focus underscores the company's commitment to leveraging market opportunities and maintaining a diversified portfolio of residential assets.
As a prominent player in the multifamily housing sector, the company's robust investment strategy is bolstered by its geographic diversification and disciplined approach to property development and management. By strategically positioning its assets in thriving urban centers and desirable suburban locales, the company aims to capitalize on demographic trends and economic growth opportunities in its targeted markets.
|