AvalonBay is a real estate investment trust (REIT) that focuses on developing, redeveloping, and managing residential communities. Founded in 1978, the company primarily operates in high-demand markets across the United States, offering a range of apartment options for various lifestyles. The company is known for its commitment to sustainability and community engagement. AvalonBay emphasizes environmentally friendly practices in its developments and aims to create vibrant living spaces that enhance the quality of life for residents. Its portfolio includes thousands of apartment units in urban and suburban areas.