AvalonBay Communities, Inc. (NYSE:AVB) will look for acquisitions. The company announced on November 18, 2021 that on November 18, 2021 it completed an underwritten public offering of $400 million aggregate principal amount of 1.900% senior notes due 2028 (the “2028 Notes”). The Company may use the net proceeds from the offering for general corporate purposes, which may include the acquisition, development and redevelopment of apartment communities and repayment and refinancing of other indebtedness, including the repayment of outstanding indebtedness under its $1,750,000,000 revolving variable rate unsecured credit facility.