Ms. Lockridge, Vice President - Finance for AvalonBay Communities, Inc., is responsible for financial forecasting and budgeting as well as secured and unsecured financing activity, and is directly involved with capital market execution strategies. Prior to the merger of Bay Apartment Communities, Inc. and Avalon Properties, Inc. in June 1998, Ms. Lockridge had similar responsibilities and held various positions at Avalon since that company's formation in November 1993.

Prior to Avalon's formation, Ms. Lockridge was the Financial Manager for the Northeast Group of TCR with responsibility for budgeting, development project analysis and project financings. Ms. Lockridge joined TCR as a Financial Analyst in 1989 and was promoted to Financial Manager in 1991. Before joining TCR, Ms. Lockridge was a Financial Analyst for Xerox Realty Corporation, where she was responsible for the analysis and asset management of commercial real estate property.

Ms. Lockridge received her Masters in Finance degree from Fairfield University. She earned her undergraduate degree, magna cum laude, from St. Anselm College.