Case Study: AvalonBay achieves faster, data-driven planning to build more affordable housing with Vena Solutions

AvalonBay Builds More Affordable Housing With Better Planning

AvalonBay Communities, a $2B equity REIT based in Arlington, VA that develops and manages multifamily communities, struggled to assess investment opportunities consistently because it had no central tool to capture the 500+ line-item details required for development decisions. Decisions were often made from memory or incomplete information, creating missed opportunities, risky investments and potential exposure for the company’s share price and affordable-housing plans.

Vena delivered a centralized database with an Excel front end accessible from headquarters and the field, scaled quickly to 650 users, and eliminated offline templates and order-of-operations confusion. As a result AvalonBay gained total visibility into investments, always-current financials for ongoing pro forma analysis, fewer manual errors and faster, more confident investment decisions—helping the company hit targets and focus on its mission.

AvalonBay

Sarah Spicer

Product Manager