At $4.4 billion, AvalonBay Communities' development pipeline is the highest it's ever been in company history. Of that total, $1.4 billion is under construction and $2.98 billion is in the planning stages. How did the Alexandria, Va.-based apartment REIT make this happen? By buying in good times and bad, just like the smart long-term investor that the company is.
Enthusiasm for sustainability continues to grow in the lighting industry. Energy efficient fixtures are now standard practice, so manufacturers are looking to other environmentally conscious initiatives as a way to stand out from the crowd.