Alexandria Real Estate Equities, Inc. (ARE)
Alexandria Real Estate owns life-science laboratory and office campuses leased to biotech and pharma tenants.
ARE vs AVB: how the two businesses compare
Alexandria Real Estate Equities (ARE) and AvalonBay Communities (AVB) do not both have comparable annual revenue in the SEC XBRL snapshot, so this comparison rests on business descriptions, classifications, and filings. Both file with the SEC under the same industry code, SIC 6798 (Real Estate Investment Trusts).
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Real Estate
- Real Estate Investment Trusts
- Same classification
- December 31
- Same calendar
- Feb 27, 2026
ARE vs AVB: quick comparison
| Company fact | ARE | AVB |
|---|---|---|
| Company | Alexandria Real Estate Equities, Inc. | AvalonBay Communities, Inc. |
| Exchange | NYSE | NYSE |
| SEC industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
| Fiscal year-end | December 31 | December 31 |
| Latest annual filing | 10-K · 2026-01-26 | 10-K · 2026-02-27 |
Where ARE and AVB overlap, and where they don't
Overlap
- Same SEC industry: both report under SIC 6798, Real Estate Investment Trusts.
- Shared research theme: Rates & central banks.
- Same fiscal calendar: both fiscal years end December 31.
Differences
- ARE reported a net loss of $1.4B in its fiscal year ended Dec 2025.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
AvalonBay Communities, Inc. (AVB)
AvalonBay Communities develops and manages apartment communities in coastal US markets.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves ARE
We have not yet published a company-specific driver list for ARE. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-01-26.
What moves AVB
We have not yet published a company-specific driver list for AVB. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-27.
The investment question
You now know how ARE and AVB are classified, when their fiscal years end, and where their exposures overlap. Those are the facts. The investment question is what each share price already assumes about their exposure to rates & central banks, and which evidence in the next filings would prove that assumption wrong.
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Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. Both fiscal years end December 31, so annual reports line up, but check segment definitions before comparing growth or margins.
The current verified House and Senate snapshot contains 6 matched transaction rows for ARE and 7 matched transaction rows for AVB. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
ARE primary filings
AVB primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
More comparisons involving ARE or AVB
ARE vs AVB FAQs
Are ARE and AVB direct competitors?
Alexandria Real Estate Equities and AvalonBay Communities share the SEC industry classification “Real Estate Investment Trusts.” That makes the operating comparison relevant, but it does not prove that every product, customer, or revenue stream competes directly.
Which is better, ARE or AVB?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this ARE vs AVB comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Alexandria Real Estate Equities, Inc. and AvalonBay Communities, Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-10-10. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-10-10. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
ARE vs AVB compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
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