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Apartment Giant AvalonBay Makes It Official, Appoints Schall as CEO

A Daily Look at the Movers and Shakers in Commercial Real Estate
AvalonBay Communities President Benjamin Schall, left, has been appointed to the additional role of CEO, replacing Timothy Naughton, right, effective Jan. 3. (CoStar)
AvalonBay Communities President Benjamin Schall, left, has been appointed to the additional role of CEO, replacing Timothy Naughton, right, effective Jan. 3. (CoStar)
CoStar News
November 24, 2021 | 4:56 P.M.

When AvalonBay Communities, one of the nation's largest apartment owners, appointed retail real estate executive Benjamin Schall as president nearly a year ago, the real estate investment trust said it would elevate him to CEO when its current top executive retired.

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