Apartment REIT Gives Back to Local Communities in California During Month of Service ARLINGTON, Va.--(BUSINESS WIRE)-- AvalonBay Communities, a leading U.S. Real Estate Investment Trust (REIT) with apartment communities in the major east and west coast markets, today announced the start of its "Spirit of Caring" month. Throughout October, AvalonBay associates will participate in service projects to benefit their local communities. AvalonBay, known for its commitment to sustainable living and support for its local communities, was recently named one of the top 25 "socially responsible dividend stocks" by Dividend Channel. During "Spirit of Caring" month, the Company will have over 2,000 associates participating in large-scale community service projects. The programs include: volunteering at local food banks, assisting the homeless and disabled, working with Habitat for Humanity, and conducting food and donation drives at its regional offices and in 195 communities.