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Posts Tagged ‘North East’

April 2nd, 2012

Spotlight on REITs: Avalon Bay Properties

(Money Manager) - Avalon Bay Properties: This Real Estate Investment Trust specializes in apartment ownership and management; it is based in Wilton Connecticut. Avalon Bay Properties owns apartment communities all over the United States with the majority of the properties being in the North East and California; they currently own 50,000 apartment units. The company was founded in 1978 but was reincorporated in 1995 in the state of Maryland. And was registered as a REIT in 1994, it is still a public company and is currently traded on the New York Stock Exchange as AVB and a share in the company is currently worth $113.23.

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February 21st, 2011

Spotlight on REITs: Urstadt Biddle

(Money Manager) - Urstadt Biddle: This is a real estate investment trust that was founded in 1969, and it focuses mostly on open air retail centers and commercial space. This company is based in the North East of the country in Connecticut, where it buys almost all of its retail properties and centers.

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