As our governments work to implement solutions to a complicated issue, Avenue Living looks at how we can play our part in addressing the problem by repurposing existing assets — allowing us to provide comfortable and affordably priced housing to Canadians, now
Multi-family real estate has long been recognized as one of the best ways to hedge against inflation. Property classes reflect an A, B, or C grade based on a combination of factors such as amenities, management styles, location, and tenant income levels. However, the best bets aren’t always shiny new Class A properties in hot housing markets with high rents. Avenue Living Asset Management holds B and C multi-family real estate assets and has a tried-and-true track record of providing A-class institutional quality management through customer-centric operations and services, capital improvements and a vertical integration model.
Avenue Living CIO Jason Jogia tells WP why the company’s real estate strategy is the ideal hedge against inflation.
The Avenue Living Core Trust has recently closed on the acquisition of the Avenue Living U.S. Real Estate Trust. This transaction, along with the execution of further pipeline opportunities in Canada and the U.S., brings our Core Trust to 22 markets across North America, and a current total AUM of $2.4 billion representing 12,387 multi-family units across North America.
By creating what we view to be the first North American alternative real estate fund specializing in workforce housing, we have established a platform for efficient expansion of the Trust’s multi-family real estate consolidation across the North American Heartland.
https://renx.ca/avenue-living-combine-funds-plan-major-residential-growth/
This commentary and the information contained herein are for educational and informational purposes only and do not constitute an offer to sell, or a solicitation of an offer to buy any securities or related financial instruments. This article may contain forward-looking statements. Readers should refer to information contained on our website at www.alamstg.wpenginepowered.com for additional information regarding forward-looking statements and certain risks associated with them.
As Avenue Living marks 15 years of success, and our Core Trust celebrates four years as an alternative product, we are now looking at our next steps.
The Avenue Living Core Trust is entering the U.S. Heartland and this article by Wealth Professional outlines just how our expanded strategy builds on a strong track record and considers our customers and investors first.
This commentary and the information contained herein are for educational and informational purposes only and do not constitute an offer to sell, or a solicitation of an offer to buy any securities or related financial instruments. This article may contain forward-looking statements. Readers should refer to information contained on our website at www.alamstg.wpenginepowered.com for additional information regarding forward-looking statements and certain risks associated with them.
We’re proud of our Alberta roots. We’ve always seen opportunity in the province we call home, and our success here is an example of how our proven strategy — focusing on markets with strong fundamentals and investing in the “everyday” — has served us well at home and in markets across Canada and the United States.
This commentary and the information contained herein are for educational and informational purposes only and do not constitute an offer to sell, or a solicitation of an offer to buy any securities or related financial instruments. This article may contain forward-looking statements. Readers should refer to information contained on our website at www.alamstg.wpenginepowered.com for additional information regarding forward-looking statements and certain risks associated with them.