Avalonbay Communities Inc
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Blend
Company profile

Avalonbay Communities, Inc. is a real estate investment trust (REIT). The Company's operating segments include Established Communities, Other Stabilized Communities and Development/Redevelopment Communities. The Company is engaged in developing, redeveloping, acquiring and managing apartment communities in New England, the New York/New Jersey Metro area, the Mid-Atlantic, Southeast Florida, Denver, Colorado, the Pacific Northwest, and Northern and Southern California. It focuses on metropolitan areas in these regions. The Company generally obtains ownership in an apartment community by developing a new community on either vacant land or land with improvements that it raze, or by acquiring an existing community. In selecting sites for development or acquisition, the Company focuses on locations that are near expanding employment centers, recreation areas, entertainment, shopping, and dining.

Postmarket

Last Trade
Delayed
$0.00
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$240.78
Day's Change
1.39 (0.58%)
Bid
--
Ask
--
B/A Size
--
Day's High
243.39
Day's Low
239.30
Volume
(Heavy Day)
Volume:
1,087,021

10-day average volume:
566,394
1,087,021

Major U.S. banks continue to finance oil and gas industry, study says

7:45 am ET October 25, 2021 (MarketWatch)
Print

JPMorgan Chase (JPM) Citigroup (C) and Bank of America (BAC) collected the most fees from the oil, gas and coal sectors in the past six years, according to a Bloomberg study released Monday. The news service said these and other major banks have drawn in at least $17 billion in fees and floated about $4 trillion in loans for fossil fuels since the Paris Agreement on climate was reached in 2015. So far in 2021, major banks helped generate $459 billion in bonds and loans for the oil, gas and coal businesses, according to Bloomberg data. The banks at the time time led $463 billion worth of green bonds and loans. The study comes ahead of the UN Climate Summit starting Oct. 31 in Glasgow.

-Steve Gelsi

	

(END) Dow Jones Newswires

October 25, 2021 07:45 ET (11:45 GMT)

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