AvalonBay Communities is a real estate investment trust. Co. is engaged in the development, redevelopment, acquisition, ownership and operation of multifamily communities in the U.S. Co.'s markets are located in the following regions of the U.S.: New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California. At Jan. 31, 2013, Co. owned or held a direct or indirect ownership interest in 178 operating apartment communities containing 52,427 apartment homes in nine states and the District of Columbia. Co. operates its apartment communities under three core brands Avalon, AVA, and Eaves by Avalon.
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