REIT Focus: AvalonBay Communities, Inc.

By Joseph Ori:This month’s REIT Focus is on Alexandria Real Estate Equities, Inc. (ARE). ARE is a self-administered and self managed Maryland real estate investment trust that focuses on the ownership, management, operation, development and acquisition of properties containing life science laboratory space.

By Joseph Ori:This month's REIT Focus is on Essex Property Trust, Inc. (ESS), a publicly traded, self-managed real estate investment trust that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast communities, primarily in the states of CA and WA. ESS owns a 94.5% general partner interest in Essex Portfolio, L.P., its UpReit general partnership.

By Joseph Ori:This month's REIT Focus is on Equity Residential apartment company (EQR). EQR is a self-administered and self-managed Maryland real estate investment trust that is the 95.7% owner of the general partner interest in ERP Operating Limited Partnership, the UpReit partnership that owns the assets of EQR.

By Joseph Ori:This month's REIT Focus is on Camden Property Trust (CPT), a publicly traded, self-managed real estate investment trust that owns multifamily apartment communities. CPT owns a 1% general partner interest and 89.8% limited partner interest in Camden Operating, L.P., its UpReit general partnership. As of 9/30/12, CPT owned interests in, operated or was developing 209 multifamily properties containing 70,871 units.

By Joseph Ori:This month's REIT Focus is on Apartment Investment and Management Company (AIV). AIV is a self-administered and self-managed Maryland real estate investment trust that is the 93.7% owner of the general partner and special limited partner interest in AIMCO Operating Partnership, the UpReit partnership that owns the assets of AIV.

By Joseph Ori:This REIT focus is on Ashford Hospitality Trust (AHT). AHT is a self-administered and self managed Maryland equity real estate investment trust that invests in the hospitality industry across all segments including direct real estate, securities, equity and debt. AHT owns its lodging investments and conducts its operations in an UpReit structure through Ashford Hospitality Limited Partnership.

By Joseph Ori:This month's REIT Focus is on Digital Realty Trust, Inc. (DLR). DLR is a self-administered and self managed Maryland real estate investment trust that is the 95.6% owner of the general partner interest in Digital Realty Trust, L.P., the UpReit partnership that owns the assets of DLR. DLR engages in the ownership, acquisition, development, redevelopment and management of technology-related real estate.

By Joseph Ori:This month's REIT Focus is on SL Green Realty Corp., (SLG) an independent real estate investment trust that primarily engages in the acquisition, ownership, repositioning and management of Manhattan office properties.