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AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments. As of January 31, 2021, the company owned 79,856 apartment units in New England, the New York City metropolitan area, the Washington, D.C. metropolitan area, Seattle and California. It is the 3rd largest owner of apartments in the United ...
WAYNE — The same real estate giant that is building a 473-unit housing complex on the site of the former headquarters of Valley National Bank is planning an even larger development less than a ...
Archstone was a real estate investment trust that invested in apartments. In 2007, the company was acquired by Tishman Speyer and Lehman Brothers and, in 2013, the company's assets were acquired by Equity Residential and AvalonBay Communities. At the time of the liquidation of the company in 2013, it owned over 40,000 apartment units.
Avalon acquired properties from TCR Midwest and TCR Pacific Northwest in 1997 and 1998, respectively. [54] In 1998, Avalon merged with Bay Apartment Communities to create, AvalonBay Communities. It was the first bi-coastal multifamily REIT and, as of 2020 it was the largest apartment REIT in the country by equity market capitalization. [55] [56]
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Avalon Bay predicted that they would have properties available for rent or sale by Fall 2007. Kirkbride complex of the former Danvers State Hospital, pictured in 2010. On April 7, 2007, four of the apartment complex buildings and four of Avalon Bay's construction trailers burned down in a large fire visible from Boston, nearly 17 mi (27 km ...