Avalonbay communities announces public offering of 2,000,000 shares of common stock

Arlington, va.--(business wire)--avalonbay communities, inc. (nyse: avb) (the “company”) announced today that it is commencing an underwritten public offering of 2,000,000 shares of common stock in connection with the forward sale agreements described below. morgan stanley and j.p. morgan are acting as joint book-running managers for the offering. the company expects to enter into forward sale agreements with morgan stanley & co. llc and jpmorgan chase bank, n.a. or their affiliates (the “f
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