The owner of 50K apartment units, Avalon Bay (AVB +2.1%) is benefiting from housing weakness -...
The owner of 50K apartment units, Avalon Bay (AVB +2.1%) is benefiting from housing weakness - getting 7% rent increases and seeing an all-time low 12% of its tenants moving out to purchase a home. Toss in a record-low amount of multi-family completions, and the company is sitting in high cotton.
From other sites
at Nasdaq.com (Feb 26, 2015)
at Investor's Business Daily (Jan 15, 2015)
at Benzinga.com (Jan 12, 2015)
at Benzinga.com (Jan 7, 2015)
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