AvalonBay
AvalonBay

AvalonBay

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AvalonBay High Paying Jobs, Compensation Information and Expert Network Connections

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AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.

As of January 31, 2021, the company owned 79,856 apartment units, all of which were in New England, the New York City metropolitan area, the Washington, D.C. metropolitan area, Seattle, and California. It is the 3rd largest owner of apartments in the United States.

The company was formed by the 1998 merger between Avalon Properties Inc. and Bay Apartment Communities Inc. The merged company owned 40,506 apartment units. Avalon Properties was formed in 1993 as a spinoff from Trammell Crow Company and was led by Richard Michaux, as Chairman and CEO and Chuck Berman, President. Bay Apartment Communities was formed in 1994 from the apartment business established by Mike Meyer in 1978.

In February 2001, Bryce Blair was named CEO, and the additional role of Chairman in January 2002.

In 2003, the company sold $450 million in assets and reinvested the proceeds in its development pipeline.

In 2007, the company was added to the S&P 500.

In 2011, Timothy J. Naughton was named CEO, and the additional role of chairman in January 2013.

On February 27, 2013, AvalonBay Communities and Equity Residential closed a $9 billion deal to acquire Archstone from Lehman Brothers.

Highest paying job titles at AvalonBay include Director, Manufacturing, Asset Manager, and Cloud Security Engineer

Snapshot

Employees3,090
Market Cap$26.9 billion
Revenue$2.3 billion
5 Year Trendarrow trend up+4.4%
Net Income$827.6 million
NYSEAVB
Founded1978
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Total value of jobs:
$5,720,000
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Total Jobs:
14
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Average Pay:
$110,000
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Total Experts:
3
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% Masters:
32%

Top Experts at AvalonBay

AvalonBay Compensation

Director, Manufacturing

$175K

$175K

Average Compensation:$175,000

Asset Manager

$

$

Average Compensation:$NaN

Cloud Security Engineer

$

$

Average Compensation:$NaN

Community Manager

$

$

Average Compensation:$NaN

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