Boston – AvalonBay Communities, Inc. has been selected to receive the NAIOP Massachusetts 2012 Distinguished Real Estate Award for achievements in real estate, charitable activities and community betterment. The award will be presented by Kevin O’Flaherty of Goulston & Storrs at NAIOP’s Annual Awards Gala on November 8 at the Westin Waterfront Hotel in Boston.
“This award is a testament to AvalonBay’s ability to maintain its role as a leader in multi-family development, while continuing to strategically adapt over the years to the changing markets,” said David Begelfer, CEO of NAIOP Massachusetts. “In addition, the company continues to positively impact the cities and towns in which its apartment communities are located.”
AvalonBay Communities, Inc., an equity REIT, is in the business of developing, redeveloping, acquiring and managing high-quality apartment communities in high barrier-to-entry markets in the United States. Its major markets are located in the Northeast, Mid-Atlantic, Pacific Northwest, and Northern and Southern California where it owns or holds an interest in 199 apartment communities containing 59,090 apartment homes