AvalonBay Communities, Inc. Announces Appointment of Susan Swanezy as Director
August 08 2016 - 4:15PM
Business Wire
AvalonBay Communities, Inc. (NYSE: AVB) announced today
that Susan Swanezy has been appointed to the Board of Directors
effective September 13, 2016.
Since 2010, Ms. Swanezy has been a Partner at Hodes Weill &
Associates LP, a global advisory boutique firm focused on the real
estate investment management industry. Previously, Ms. Swanezy
served as Managing Director, Global Head of Capital Raising for
Real Estate Products at Credit Suisse Group AG, and held a variety
of positions at Deutsche Bank AG and its affiliates, including
serving as a Partner and Managing Director – Client Relations for
RREEF, the real estate investment management business of Deutsche
Bank’s Asset Management division.
“We are pleased that Susan will be joining the AvalonBay Board
of Directors,” said Tim Naughton, Chairman of the Board and CEO.
“Susan’s career has been dedicated to the real estate industry,
first as a commercial real estate lender, then as a real estate
investment banker, and in more recent years in the real estate
investment management industry. We look forward to benefitting from
Susan’s broad and varied experience in evaluating real estate
companies, investment opportunities, and capital raising and asset
allocation strategies.”
Ferguson Partners Ltd. assisted the AvalonBay Board of Directors
with the search leading to the appointment of Ms. Swanezy.
About AvalonBay Communities, Inc.
AvalonBay is an equity REIT in the business of developing,
redeveloping, acquiring, and managing apartment communities in
leading metropolitan areas in New England, the New York/New Jersey
Metro area, the Mid-Atlantic, the Pacific Northwest, and the
Northern and Southern California regions of the United States. As
of June 30, 2016, the Company owned or held a direct or indirect
ownership interest in 283 apartment communities containing 82,984
apartment homes in 10 states and the District of Columbia, of which
23 communities were under construction and seven communities were
under reconstruction. More information may be found on the
Company’s website at http://www.avalonbay.com.
Copyright © 2016 AvalonBay Communities, Inc.
All Rights Reserved
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AvalonBay Communities, Inc.Timothy J. NaughtonChief Executive
Officer and President703-317-4620
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