Full-Time

Project Manager

Posted on 11/23/2025

AvalonBay Communities

AvalonBay Communities

1-10 employees

REIT developing, acquiring, managing apartment communities

No salary listed

Fort Lauderdale, FL, USA

In Person

Category
Business & Strategy (1)
Required Skills
Risk Management
Requirements
  • Bachelor’s degree in Construction Management, Engineering, Architecture, or Business (preferred)
  • 7+ years managing residential, commercial, or hospitality construction projects
  • Strong knowledge of all phases of construction, budgeting, scheduling, and project cost accounting
  • Proficiency with construction tools/software such as Microsoft Project, Procore, Bluebeam, and Microsoft Office
  • Working knowledge of building codes, permitting processes, and OSHA guidelines
  • OSHA 30, CPR/First Aid (required)
  • PMP or Superintendent/Site Safety Manager license (preferred)
  • Valid driver’s license and ability to travel to project sites
Responsibilities
  • Manage all phases of the project lifecycle—from planning and budgeting to execution, risk management, and closeout
  • Oversee construction schedules and budgets, preparing bids, negotiating contracts, and monitoring subcontractor performance
  • Review construction documents, coordinate permitting, and ensure compliance with safety regulations and quality standards
  • Conduct site walks, track progress, and collaborate with Superintendents to keep projects on schedule and within budget
  • Lead and mentor project teams while building strong relationships with architects, inspectors, subcontractors, suppliers, and community partners
  • Identify and resolve jobsite challenges, mitigating risks and ensuring safe work environments
Desired Qualifications
  • PMP or Superintendent/Site Safety Manager license (preferred)
  • Experience with large-scale multi-family or mixed-use developments is a plus
AvalonBay Communities

AvalonBay Communities

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AvalonBay Communities develops, acquires, and manages high-quality apartment communities in major U.S. markets. By acting as its own general contractor, the company maintains direct control over construction costs and building quality, which distinguishes it from competitors who outsource these tasks. This vertical integration allows them to efficiently manage a portfolio of urban and suburban properties to generate steady rental income. The company's goal is to provide stable and growing returns for investors by focusing on desirable locations with high barriers to entry.

Company Size

1-10

Company Stage

IPO

Headquarters

Irvine, California

Founded

1978

Simplify Jobs

Simplify's Take

What believers are saying

  • Merger talks with Equity Residential create $50B entity with 185,000 units.
  • Q1 2026 same-store revenue rises 1.6% to $704 million exceeding outlook.
  • Raises $400M senior notes strengthening capital amid undervalued $180 share price.

What critics are saying

  • DOJ antitrust blocks $50B Equity merger in 6-12 months killing scale gains.
  • Oversupply erodes Seattle and San Francisco demand dropping NOI below 1%.
  • 4.7% expense surge compresses Q1 NOI to 0.2% forcing dividend cuts.

What makes AvalonBay Communities unique

  • AvalonBay acts as own general contractor for cost control and quality.
  • Portfolio targets high-barrier urban and suburban markets exclusively.
  • Redevelops unique sites like Salem State campus into 340 luxury units.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Holidays

Tuition Reimbursement

Employee Stock Purchase Plan

Company News

AD HOC NEWS Portal Aktiengesellschaft
Mar 29th, 2026
UDR Inc. stock: A key player in multifamily real estate with strong focus on high-growth markets.

UDR Inc. stock: A key player in multifamily real estate with strong focus on high-growth markets. 29.03.2026 - 08:39:43 | ad-hoc-news.de UDR Inc. (ISIN: US9029011082) operates as a leading multifamily real estate investment trust, targeting premium apartment communities in key U.S. markets. Investors should monitor occupancy trends, rental growth, and interest rate impacts amid evolving housing dynamics. UDR Inc. stands as a prominent real estate investment trust (REIT) specializing in multifamily residential properties across the United States. The company owns and manages apartment homes in high-demand coastal and sunbelt markets, positioning it well for long-term demographic shifts. For North American investors, UDR offers exposure to the resilient rental housing sector, where demand remains robust despite economic fluctuations. As of: 29.03.2026 By Elena Martinez, Senior Financial Editor at NorthStar Market Insights: UDR Inc. exemplifies disciplined capital allocation in the multifamily REIT space, navigating urban housing needs with a portfolio concentrated in growth regions. Company overview and business model. Official source All current information on UDR Inc. directly from the company's official website. UDR Inc., headquartered in Highlands Ranch, Colorado, develops, acquires, manages, and renovates multifamily apartment communities. Its portfolio comprises over 50,000 apartment homes located primarily in densely populated, supply-constrained markets such as New York, San Francisco, Washington D.C., Seattle, Boston, and Los Angeles. These locations benefit from strong job growth, limited new supply, and high barriers to entry for development. The business model revolves around generating stable rental income while pursuing value-add strategies through renovations and repositioning properties. UDR emphasizes technology integration, including smart home features and resident apps, to enhance occupancy and retention. This approach supports predictable cash flows, essential for REITs required to distribute at least 90% of taxable income as dividends. Historically, UDR has demonstrated resilience through economic cycles, leveraging its scale to negotiate favorable financing and operational efficiencies. The company's focus on Class A and B+ properties attracts affluent renters less sensitive to economic downturns. Investors value this model for its defensive qualities in volatile markets. Market position and competitive landscape. Sentiment and reactions Within the multifamily REIT sector, UDR competes with peers like Equity Residential, AvalonBay Communities, and Essex Property Trust. Its portfolio concentration in top-tier markets gives it an edge in same-store net operating income (NOI) growth compared to more diversified operators. UDR's active asset management, including selective dispositions and acquisitions, has optimized its holdings for higher yields. Competitive advantages include a strong balance sheet with investment-grade credit ratings and access to diverse capital sources. The company has pursued joint ventures to expand without excessive leverage. Recent sector trends show multifamily outperforming office and retail REITs, driven by remote work and urbanization. UDR's scale enables economies in procurement, technology, and talent acquisition. It invests in predictive analytics for maintenance and pricing optimization, setting it apart in operational efficiency. This positioning supports sustained dividend growth, appealing to income-focused investors. Financial performance and capital allocation. UDR maintains a conservative financial profile with a focus on funds from operations (FFO), a key REIT metric. The company prioritizes debt reduction and share repurchases when opportunities arise. Its dividend policy balances growth reinvestment with shareholder returns, having increased payouts over multiple years. Core operations generate revenue from rent and fees, with ancillary income from parking, utilities, and amenities. Expense controls, particularly in property taxes and maintenance, bolster margins. UDR's development pipeline targets high-return projects in established markets, mitigating construction risks. Capital recycling - selling stabilized assets to fund new opportunities - preserves financial flexibility. The company holds significant liquidity for opportunistic investments. This strategy aligns with investor preferences for disciplined growth in uncertain environments. Investor relevance for North American portfolios. For North American investors, UDR provides targeted exposure to U.S. housing demographics, where homeownership rates stagnate and renter households grow. The stock fits dividend-growth strategies, offering yields competitive within REITs. Its market positioning correlates with tech and finance hubs, benefiting from sector tailwinds. Institutional ownership remains high, signaling confidence from pension funds and endowments. UDR's liquidity on the New York Stock Exchange facilitates easy trading. Tax advantages of REITs, including qualified dividend treatment, enhance after-tax returns for taxable accounts. Compared to broad real estate ETFs like Vanguard REIT (VNQ), UDR offers concentrated multifamily exposure with potentially higher growth. It serves as a hedge against inflation, as rents adjust upward with costs. Portfolio diversification benefits from its low correlation to equities during downturns. Further developments, updates, and context on the stock can be explored quickly through the linked overview pages. Sector drivers and macro influences. The multifamily sector benefits from structural undersupply in key metros, exacerbated by zoning restrictions and high land costs. Demographic trends favor renting among millennials and Gen Z, boosting demand. Job growth in professional services sustains absorption rates. Interest rates influence cap rates and development feasibility; lower rates historically spur supply. Supply chain issues have delayed new deliveries, supporting incumbents like UDR. Government policies on housing affordability indirectly affect renter pools. Sustainability initiatives, such as energy-efficient upgrades, align with tenant preferences and regulatory pressures. UDR's ESG efforts enhance appeal to impact investors. Sector rotation toward real estate occurs in risk-off environments. Risks and key factors to watch. Interest rate hikes pose refinancing risks, though UDR's fixed-rate debt mitigates near-term exposure. Oversupply in sunbelt expansions could pressure rents if migration slows. Recessionary pressures might elevate concessions and delinquencies. Regulatory changes, including rent control expansions, threaten NOI in select markets. Climate risks in coastal areas require ongoing capital for resilience. Competition from single-family rentals diversifies renter options. Investors should watch quarterly same-store metrics, development starts, and acquisition activity. Dividend coverage and leverage ratios provide health indicators. Analyst updates, like recent reiterations on peers, signal sentiment shifts. Monitoring macroeconomic data on employment and migration refines outlook. UDR's path forward hinges on executing its strategy amid evolving dynamics. North American investors gain from its market expertise and operational strength. Staying informed positions portfolios for opportunities in multifamily real estate. Disclaimer: Not investment advice. Stocks are volatile financial instruments. iPhone-Nutzer aufgepasst: Das kostenlose Lexikon vom 03. April enthüllt 50+ versteckte Funktionen: Die meisten iPhone-Besitzer nutzen nur einen Bruchteil der Möglichkeiten. Das Gratis-Lexikon zeigt Tipps und Tricks, die selbst Apple-Fans überraschen - von Akku-Optimierung bis zu geheimen Gesten. Sofort per E-Mail erhältlich. Seit 2005 liefert der Börsenbrief trading-notes verlässliche Anlage-Empfehlungen - dreimal pro Woche, direkt ins Postfach. 100% kostenlos. 100% Expertenwissen. Trage einfach deine E-Mail Adresse ein und verpasse ab heute keine Top-Chance mehr. Jetzt abonnieren. Für. Immer. Kostenlos. US9029011082 | UDR INC. boerse | 69019412 | bgmi

RealtyNXT
Feb 10th, 2026
Blackstone Nears A$5 Bn Financing Deal In 2026 To Support Firmus Data Center Expansion

Blackstone nears A$5 bn financing deal in 2026 to support Firmus data center expansion. The financing reflects growing private credit participation in large-scale artificial intelligence infrastructure development projects globally. Blackstone (NYSE: BX) is reportedly nearing the completion of a financing arrangement exceeding A$5 billion (about $3.5 billion) to support the data-center expansion plans of Australian startup Firmus Technologies, according to sources aware of the development. The announcement of the transaction could come as early as next week. The development comes at a time when technology stocks are facing pressure due to investor concerns about the sustainability of large-scale spending on artificial intelligence infrastructure. Both Blackstone and Firmus declined to comment on the matter, while the Australian Financial Review was the first to report Blackstone's involvement. The potential financing reflects the broader trend of debt-funded investments in AI-linked digital infrastructure, where global spending is expected to cross $3 trillion in the coming years. Despite recent volatility in technology markets, large transactions in the data-center sector continue to progress. Earlier this week, a KKR & Co.-led investor group agreed to acquire data-center operator STT GDC for S$6.6 billion (around $5.2 billion), backed by approximately S$5 billion in financing, underscoring the strong role of private credit in supporting infrastructure tied to artificial intelligence. Firmus Technologies has been expanding its growth plans alongside this funding activity. Last year, the company entered into an agreement with CDC Data Centres to build up to 1.6 gigawatts of data-center capacity across Australia by 2028, powered by Nvidia-based computing systems, according to a company announcement. The firm also revealed on Thursday that it has secured a new investor, adding to the A$830 million previously raised through two funding rounds. Advisory firm Highbury Partnership is assisting Firmus in structuring the debt financing, according to people familiar with the discussions. The transaction highlights how private credit providers are playing an increasingly important role in funding infrastructure required for the rapid growth of AI technologies. The New York-based PropTech firm will use the funding to enhance product development and expand go-to-market efforts for its AI-native CRE platform. New York-based Cadastral Inc., an AI-first software company focused on commercial real estate (CRE), has raised $9.5 million in a funding round led by Navitas Capital, with participation from JLL Spark Global Ventures, AvalonBay, Equity Residential, and 1Sharpe. The fresh capital will be deployed to accelerate product innovation and scale market expansion as the company strengthens its position as a leading vertical AI platform for real estate, private equity, and private credit professionals. Launched in late 2025, Cadastral's flagship platform has already onboarded more than 40 customers across diverse CRE use cases, reflecting strong early adoption in a traditionally conservative sector. The company positions its solution as an "AI analyst out of the box," designed to support workflows across acquisitions, asset management, underwriting, lease administration, lending, legal, and capital markets. Commenting on the raise, CEO and co-founder Abhinav "Abe" Somani said the real estate industry is primed for AI transformation, similar to changes already seen in legal and financial services. Somani previously founded AI document intelligence firm Leverton, which was acquired by MRI Software in 2019, and brings over 20 years of experience spanning real estate investing and enterprise technology. Cadastral differentiates itself by offering vertically tailored AI agents built specifically for CRE data and decision-making, including T-12 analysis, lease abstraction, loan compliance, due diligence, and end-to-end underwriting. Unlike general-purpose AI tools, the platform is curated exclusively for real estate use cases and does not use client data to train its models. Navitas Capital partner Jenny Song said the investment reflects growing demand for domain-specific AI solutions that deliver immediate value. She added that vertical AI platforms with deep industry understanding are best positioned to succeed, citing Cadastral's traction as early validation. Investors also highlighted the platform's ease of deployment and speed to value. Raj Singh, Managing Partner at JLL Spark Global Ventures, noted that teams can quickly extract meaningful insights without extensive setup or customization. Cadastral is co-founded by CTO Aman Dhesi, who has previously built large-scale AI systems at Meta, DoorDash, and Square. According to Dhesi, the platform is designed to make institutional-grade AI accessible to everyone, from small property owners to large publicly listed REITs. Founded in 2023 and headquartered in New York City, Cadastral integrates with major document management systems such as SharePoint, Box, and Dropbox, as well as core real estate platforms including Yardi. The company aims to democratize access to advanced AI tools across the global real estate and private equity ecosystem. The merger allows Ambuja to absorb Sanghi's manufacturing operations and streamline compliance under its consolidation strategy. The proposed amalgamation of Sanghi Industries with Adani Group-backed Ambuja Cements has received formal approval from the National Company Law Tribunal (NCLT), marking a significant step in Ambuja's long-term consolidation strategy. In a regulatory disclosure, Ambuja Cements confirmed that the tribunal passed its order on February 9, 2026, approving the scheme of arrangement between Ambuja Cements, Sanghi Industries, and their respective shareholders. Under the approved scheme, April 1, 2024, has been designated as the appointed date. However, the merger will officially come into force only after all procedural requirements and regulatory compliances outlined in the scheme are fully completed. Ambuja clarified that stock exchanges will be informed once the scheme becomes effective. Share exchange and acquisition details. As per the merger terms, shareholders of Sanghi Industries will receive 12 equity shares of Ambuja Cements for every 100 shares held in Sanghi. Ambuja Cements, which already acts as the promoter of Sanghi Industries with a 58.08% stake, had acquired the company last year in a deal valued at approximately ₹5,185 crore. The merger will allow Ambuja to completely integrate Sanghi's operations into its existing structure. Strategic rationale behind the merger. The Adani Group-owned cement major has stated that the integration will help streamline operational processes, reduce compliance complexities, and optimise organisational efficiency. The consolidation is also expected to enhance cash flow management while supporting faster capacity expansion. This merger forms part of Ambuja's broader consolidation roadmap, which also includes the proposed merger of Penna Cement Industries, reinforcing the company's aggressive expansion strategy. Sanghi's asset strength adds scale. Sanghi Industries brings substantial operational assets to the table, including 6.6 million tonnes per annum (MTPA) of clinker capacity and 6.1 MTPA of cement capacity. The company also owns limestone reserves estimated at around one billion tonnes, providing long-term raw material security. Its flagship Sanghipuram plant in Gujarat ranks among India's largest single-location cement and clinker manufacturing facilities, supported by a captive jetty and an in-house power plant, assets that significantly strengthen Ambuja's logistics and cost efficiencies.

Yahoo Finance
Nov 24th, 2025
AvalonBay Raises $400M, Affirms Dividend

AvalonBay Communities (AVB) completed a $400 million fixed-income offering and affirmed its regular cash dividend, signaling confidence in its capital structure and shareholder returns. Despite a 16.8% year-to-date share price drop and a -19.8% total shareholder return over the past year, long-term returns remain positive. The stock is trading at $180.68, below the estimated fair value of $209.19, suggesting it may be undervalued. Future growth is expected from new projects and market expansion.

The Economic Times
Oct 30th, 2025
AvalonBay forecasts quarterly FFO below estimates as rental demand slows

AvalonBay forecasts quarterly FFO below estimates as rental demand slows. U.S.-based real estate investment trust AvalonBay Communities forecast fourth-quarter core funds from operations below Wall Street estimates on Wednesday, as weaker consumer activity weighed on rentals. High interest rates and tariff uncertainty have delayed home purchases, putting pressure on leasing demand, sending the company's shares down 2.3% after the bell. AvalonBay's portfolio in Seattle, Northern California, San Francisco and San Jose has softened amid slowing rental demand and an oversupply of units. The company expects core FFO for the fourth quarter to be in the range of $2.80 to $2.90 per share, the midpoint of which is below the analysts' average estimate of $2.87 per share, according to data compiled by LSEG. It reported third-quarter core FFO, a key profitability metric for REITs, of $2.75 per share, below analysts' expectations of $2.80 apiece. Same-store residential revenue rose 2.3% in the third quarter. On a diluted basis, the company reported a per-share profit of $2.68 for the quarter ended September 30, compared to $2.61 per share a year earlier.

TipRanks
Jul 11th, 2025
AvalonBay Completes $400 Million Senior Notes Offering - TipRanks.com

An announcement from AvalonBay ( ($AVB) ) is now available. On July 10, 2025, AvalonBay Communities, Inc. completed a public offering of $400 million in 5.000% Seni...

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