| Aspect | Avalonbay | Property Manager |
|---|
| Primary Role | Develops, manages, and maintains apartment communities for Avalonbay | Oversees daily operations of a specific property or portfolio of properties |
| Required Credentials | Real estate license often preferred; customer service and management skills | Real estate license often required; leasing, maintenance, and staff management skills |
| Work Environment | Corporate office and on-site property management | Primarily on-site at the property, with some administrative duties |
| Industry Usage | Used by Avalonbay and similar real estate development companies | Common across property management companies and real estate firms |
While Avalonbay focuses on developing and managing large apartment communities, a Property Manager handles the day-to-day operations of individual properties. Both roles require similar credentials and industry knowledge, but Avalonbay employees often work within a corporate structure, whereas Property Managers are more hands-on with property operations.