is an equity REIT in the business of developing, redeveloping, acquiring and managing multifamily communities primarily in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California.

We focus on leading metropolitan areas in these regions that we believe are characterized by growing employment in high wage sectors of the economy, lower housing affordability and a diverse and vibrant quality of life. We believe these market characteristics offer the opportunity for superior risk-adjusted returns on apartment community investment relative to other markets that do not have these characteristics.

As of March 31, 2019, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 85,313 apartment homes in 12 states and the District of Columbia, of which 19 communities were under development and nine communities were under redevelopment. Please see ourPortfolio Overviewpage for a listing of our markets.

For more information about AvalonBay, please see the Companys

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AvalonBay Communities, Inc. Declares Second Quarter 2019 Dividends

AvalonBay Communities, Inc. Announces First Quarter 2019 Operating Results

AvalonBay Communities Announces First Quarter 2019 Earnings Release Date

AvalonBay Communities, Inc. Provides First Quarter 2019 Operating Update

AvalonBay Communities Announces 2019 Annual Meeting Details

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