Equity Residential vs. AvalonBay Communities: Which Is the Better Buy Now?
When it comes to urban apartment REITs, Equity Residential (NYSE: EQR) and AvalonBay Communities (NYSE: AVB) are the two largest players in the space, by far. Both specialize in top-quality apartment complexes in the same core markets like Boston; New York City; Washington, D.C.; San Francisco, and a couple others.