Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Thank you for selecting your broker
We are redirecting you to the Broker Center now
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Thank you for your submission, we hope you enjoy your experience
ALERT

‘Trump Bump’ Forces out MedTech Company from Best Dividend Stocks List

Dividend logo

In part 2 of our 5 part series, Dividend.com analyzes AvalonBay (AVB ) where George Soros holds 18,121 shares, which equates to a stake of $3.1 million. That almost equals the stake he has in Equity Residential (EQR ), which we analyzed in Part 1 of this series. You can read Part 3 here and Part 4 here.

AvalonBay is an S&P 500 Company classified as a Multi-Family REIT that primarily owns or holds an indirect ownership in 282 apartment communities that contain 82,851 apartments on both the west and the east coasts of the U.S.

AvalonBay operates in areas which have an insufficient supply. Completions as a percentage of existing stock of homes in the past 20 years is 0.8% in AVB markets as against the U.S. top 50 metro average of 1.4%. It’s also accompanied by higher cost of ownership and higher household incomes in AVB markets vs the U.S. average. Unlike Equity Residential which targets only lifestyle seekers, AVB targets lifestyle seekers as well as value seekers.

All key macroeconomic factors like unemployment rates, job growth and a rising interest rate are positives for REITS in general. AvalonBay’s occupancy rate is 95.4%. They were more than 96.5% in 2Q13.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Presidentdonaldtrump
News

Market Wrap for January 20: Where’s That ‘Trump Bump’ Again?

It’s finally here, the inauguration of President Trump. With the event and the transition of...

News

Trending: Dividend Heavyweights Highlight Risk Aversion During Inauguration Week

Dividend.com analyzes the search patterns of our visitors each week. By sharing these trends with...

Rising Interest Rates

As Fed Hikes Rates, History Offers a Glimpse of Where Wall Street Is Headed

The stock market over the next few years may look markedly different than over the last few...