AVALONBAY COMMUNITIES INC: management transactions · United States · SEC (Form 4)

About AVALONBAY COMMUNITIES INC

AvalonBay Communities, Inc. (NYSE: AVB) is a U.S.-listed multifamily real estate investment trust headquartered in Arlington, Virginia, United States. The company focuses on developing, redeveloping, acquiring and managing apartment communities in high-quality metropolitan markets, with an investment thesis built around strong employment growth, housing supply constraints and attractive long-term rental demand. That positioning has made AvalonBay one of the better-known apartment REITs in the U.S. public market, particularly for investors looking for recurring income, embedded asset value and disciplined capital allocation. ([investors.avalonbay.com](https://investors.avalonbay.com/news-events/press-releases/detail/435/avalonbay-communities-announces-2026-annual-meeting-details?utm_source=openai)) AvalonBay’s corporate history dates back to the late 1990s. The modern company was created in 1998 through the merger of Bay Apartment Communities and Avalon Properties, bringing together two apartment-focused platforms into a larger, more geographically diversified REIT. In company materials, AvalonBay describes itself as having a 30-year track record in multifamily real estate, with a long-standing emphasis on “high barrier-to-entry” markets. That legacy matters because the business is not simply a landlord; it is an integrated apartment operator with development capabilities and a portfolio strategy designed to compound value over time. ([investors.avalonbay.com](https://investors.avalonbay.com/news-events/press-releases/detail/318/avalonbay-communities-announces-planned-retirement-of-gilbert-m-meyer-from-the-board-of-directors-and-announces-2010-annual-meeting-details?utm_source=openai)) Operationally, AvalonBay owns or holds interests in apartment communities across major U.S. regions including New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, Northern and Southern California, and several expansion markets such as Raleigh-Durham, Charlotte, Dallas, Austin, Southeast Florida and Denver. As of December 31, 2025, the company reported ownership or indirect ownership interests in 320 communities comprising 98,694 apartment homes, with 24 communities under development. That scale places AVB among the leading U.S. apartment REITs and gives it meaningful presence in some of the most supply-constrained and affluent rental markets in the country. ([investors.avalonbay.com](https://investors.avalonbay.com/news-events/press-releases/detail/435/avalonbay-communities-announces-2026-annual-meeting-details?utm_source=openai)) Its core revenue engine is straightforward: residential rent from apartment homes, supplemented by property management, asset management and selective development and redevelopment activity. AvalonBay also uses portfolio recycling as part of the model, selling mature assets when it can redeploy proceeds into higher-return opportunities or use capital more efficiently. Recent company disclosures show that this remains very much the case: AvalonBay has been active in development completions and starts, asset sales, and share repurchases. In February 2026, management also announced a new $1.0 billion stock repurchase authorization, underscoring a continued willingness to return capital when the stock and balance-sheet context support it. ([investors.avalonbay.com](https://investors.avalonbay.com/sec-filings/all-sec-filings/content/0000915912-26-000004/avb-20251231.htm?utm_source=openai)) Recent news flow has been constructive and highly relevant for investors. AvalonBay reported 2025 operating results, increased its quarterly dividend by 1.7% to $1.78 per share for the first quarter of 2026, and provided 2026 outlook commentary alongside updates on dispositions and repurchases. The company also remains a member of the S&P 500 and continues to report from the NYSE platform in the United States. For investors, AVB is best viewed as a high-quality U.S. apartment REIT with a premium market footprint, a development pipeline, and a capital-allocation framework aimed at long-term total return. ([investors.avalonbay.com](https://investors.avalonbay.com/news-events/press-releases/detail/434/avalonbay-communities-inc-announces-2025-operating-results-1-7-dividend-increase-and-initial-2026-outlook?utm_source=openai))