AvalonBay Communities Inc (NYSE:AVB)
$ 226.38 7.88 (3.61%) Market Cap: 32.20 Bil Enterprise Value: 39.05 Bil PE Ratio: 38.30 PB Ratio: 2.74 GF Score: 82/100

AvalonBay Communities Inc at Citi Global Property CEO Conference Transcript

Mar 04, 2019 / 01:10PM GMT
Release Date Price: $195.67 (+0.73%)
Michael Bilerman
Citigroup Inc, Research Division - MD and Head of the US Real Estate and Lodging Research

Morning. Welcome to the 8:10 a.m. session at Citi's 2019 Global Property CEO Conference. I'm Michael Bilerman. I'm here with Nick Joseph. We're pleased to have with us AvalonBay, Tim Naughton.

Tim, I'm going to turn it over to you to introduce your management team and provide 3 reasons why investors should buy your stock today. And just for those in the room, if you want to ask questions, you go to liveqa.com, enter code Citi2019. And obviously, the session is for investment clients only. If media or other individuals are online, disconnect.

And so Tim, let me turn it over to you for that.

Timothy J. Naughton
AvalonBay Communities, Inc. - Chairman, CEO & President

Great, thanks. Thanks, Michael. I'd like to introduce first the management team. To my right is Sean Breslin, our Chief Operating Officer; to my left is Kevin O'Shea, our Chief Financial Officer.

As Michael suggests, I'll just introduce the company briefly. I

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