Investing in the Everyday

The Essence of our Strategy

Avenue Living’s focus on workforce housing is strategic. Our target demographic — which includes essential workers — is expected to grow or at the very least remain stable, as will their demand for housing. We invest in class B and C buildings that we can acquire for below replacement cost — often in desirable locations — with a plan to improve the overall quality of the properties with strategic follow-on investment. Our renovation and capital team design and plan to improve property finishes, increase rental rates, stabilize occupancy, and generate increased cash flow.

Our analysis of potential markets considers a range of criteria, including population forecasts and rent growth, workforce demographics, as well as economic diversification. We focus on vibrant secondary markets with stable employment and the potential for growth; we continue to target promising markets in Canada and the United States.

The Core Trust continuously focuses on long-term portfolio stability through active sales and leasing, responsive maintenance services, and strategic capital improvements. In Canada we leverage in-house resources such as property management services, a robust 24/7 customer experience call centre, contract services and a full-scale marketing agency. In the United States, we partner closely with best-in-class local companies to ensure we are efficient and effective in every market. These partners include property managers, who help optimize occupancy and rent while ensuring residents have a safe, comfortable place to call home.

Our strategy is driven by the fact that we are stewards of capital. We filter every investment decision through our ultimate goal: long-term capital appreciation and preservation that can provide healthy cash flows and distributions for our investors.