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AvalonBay Communities, inc (AVB) Q2 2021 Earnings Call Transcript


Operator
Good day, everyone, and welcome to AvalonBay Communities Second Quarter 2021 Earnings Conference Call. [Operator Instructions]
Your host for today s conference is Mr. Jason Reilley, Vice President of Investor Relations. Mr. Reilley, you may begin.
Jason Reilley
Vice President of Investor Relations
Thank you, April, and welcome to AvalonBay Communities Second Quarter 2021 Earnings Conference Call. Before we begin, please note that forward-looking statements may be made during this discussion. There are a variety of risks and uncertainties associated with forward-looking statements, and actual results may differ materially. There is a discussion of these risks and uncertainties in yesterday afternoon s press release as well as in the company s Form 10-K and Form 10-Q filed with the SEC. As usual, this press release does include an attachment with definitions and reconciliations of non-GAAP financial measures and other terms, which may be used in today ....

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AvalonBay’s Kanso Twinbrook property in Rockville, Maryland, is leveraging technology in inventive ways to approach multifamily living from a fresh perspective. This first-of-its-kind community is designed to offer the highest quality apartments at the most competitive cost. By thoughtfully integrating technology solutions from the very beginning, they’ve found a way to lower operating costs while still delivering the elevated experience that residents are looking for.  
“Kanso Twinbrook is an innovation concept community under our new brand that offers an automated resident experience, with minimal staff on site,” said Karen Hollinger, AvalonBay’s SeniorVice President, Strategic Initiatives. “Thoughtful and deliberate deployment of technology is what makes this possible.” ....

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Recent development projects in the Bethesda area

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