AvalonBay launches its first dedicated build-to-rent business to capture growing demand; REIT seeks to leverage traditional apartment footprint in US expansion

Buying low? Virginia REIT, AvalonBay, pays $49M ($390K/unit) for 126-unit rental townhomes; Multifamily rents are dropping amid a glut of deliveries, but AvalonBay thinks it has the timing just right with its Texas acquisitions and development (11/12/24)

AvalonBay Communities Underway on 930-Unit Multifamily Project in Durham, Avalon Oakridge (10/21/24)

Carmel Partners Purchases 398-unit Downtown Boston highrise for $212M ($532,663/unit) from AvalonBay (9/26/24)