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Our History

1993

Avalon Properties IPO 22 communities, 7,000 apartment homes, 470 associates

1994

Bay Communities IPO 10 communities, 2,400 apartment homes, 180 associates

Green Building

1997

Avalon Properties completes the development of Avalon Cove (Jersey City, NJ), its first mid-rise development.

1998

AvalonBay is formed establishing the first bicoastal multifamily REIT that develops, redevelops, acquires and manages multifamily apartment communities.

1999

AvalonBay completes the development of Avalon Towers by the Bay (San Francisco, CA), its first West Coast high-rise development.

2005

AvalonBay completes the development of Avalon Chrystie Place (New York, NY), its first Manhattan mixed-use development for Total Capital Costs of $150 million.

2007

AvalonBay becomes the 12th REIT to join the S&P 500.

2011

AvalonBay introduces the AVA and eaves apartment brands.

2013

AvalonBay closes Archstone acquisition, adding 60 communities and 20,000 apartment homes to the portfolio.

2017

AVB announces its entry into the Denver and Southeast Florida Markets

2020

AVB launches its fourth brand: Kanso

2021

AVB announces its entry into the Dallas-Ft. Worth and Austin, TX markets and the Raleigh-Durham and Charlotte, NC markets