Stock price Avalonbay Communities (AVB) today

AvalonBay Communities, Inc. is a public investment trust engaged in investments in luxury real estate. It was founded in 1998 as a result of the merger of Avalon Properties Inc. and Bay Apartment Communities Inc. The company actively invested in technology companies to promote the development of technologies and services that can be used to improve the performance of real estate. In 2003, the company sold assets worth $ 450 million, investing the funds in new developments. Added to the S & P 500 in 2007. In 2013, acquired Archstone for 9 illiardov dollars. Traded on the NYSE under the ticker the AVB.