ARLINGTON, Va., May 07, 2024--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the "Company") announced today that it priced an underwritten public offering of $400 million of 5.350% senior unsecured notes due 2034 (the "Notes"). The offering is expected to close on May 14, 2024, subject to the satisfaction of customary closing conditions.
The U.S. real estate market is more unaffordable than ever before, pushing more people to rent rather than buy and making residential real estate investment trusts (REITs) very attractive for long-term investors and those seeking dividend income. Residential REITs offer investors the benefits of owning rental properties without the hassles of being a landlord or the large up-front expense of acquiring a property. They also carry the benefit of being liquid, since you can sell a stock any time th
In this article, we discuss the 14 best housing stocks to buy according to hedge funds. To skip the detailed analysis of the housing market, go directly to the 5 Best Housing Stocks To Buy According to Hedge Funds. For the first time since July 2022, the median home prices in all the US states […]