AvalonBay Communities Inc. announced that Matthew H. Birenbaum has been named Chief Investment Officer and Sean J. Breslin has been named Chief Operating Officer. Prior to such appointments Mr. Birenbaum served as Executive Vice President - Corporate Strategy and Mr. Breslin served as Executive Vice President Asset Management. In his role as Chief Investment Officer, Mr. Birenbaum will continue to chair the Company's Management Investment Committee, lead the development of the Company's investment strategy, and oversee the investments, design, sustainability and market research functions.

Mr. Birenbaum's prior experience at AvalonBay includes serving as a development officer overseeing the development of a wide variety of multifamily communities, including garden apartments, mid-rise communities with structured parking, and high-rise communities with ground floor retail and underground parking. In his role as Chief Operating Officer, Mr. Breslin will continue to have overall responsibility for the company's asset management platform, including national property operations, asset management and redevelopment, and brand strategy and marketing. In addition, he will continue to serve as a member of the Company's Management Investment Committee.

Mr. Breslin's prior experience at AvalonBay includes oversight of the investment and market research functions.