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Opportunity in Alternatives

Some say opportunity knocks, but we believe opportunity is where you find it. The Opportunity Trust is an open-ended mutual fund that benefits from our team’s ability to think strategically and see how, with improvements and innovation, a group of assets can be stabilized and provide upside though improved metrics and optimization of the asset.

  • $165 MILLION+

    Assets Under Management

  • 8 HUNDRED+

    Multi-Family Doors

  • 365 THOUSAND

    Commercial Square Feet

Finding Opportunity Others Overlook

The Avenue Living Real Estate Opportunity Trust is an open-ended mutual fund trust that targets under-performing multi-family assets, balanced with stable, well-tenanted commercial assets. The Trust currently owns retail, office, and industrial space across Alberta and Saskatchewan.

The Opportunity Trust targets under-performing residential assets whose value can be increased through capital improvement, active management, and stabilization programs. Suite upgrades, renewed building systems, and implementing leasing programs to stabilize occupancy and improve net operating income (NOI). These properties benefit from the infrastructure already in place in Avenue Living Communities, which allows efficient and active management. The Trust balances this investment through stable commercial assets with a strong and diversified tenant base.

The Trust invests in “workforce housing,” multi-family assets that cater to a community’s essential workforce. This demographic is often over-qualified for affordable housing yet is unable to afford market-rate homes. On average, essential workers make up 40% of a province’s workforce population – they can be seen as the backbone of the Canadian economy. Essential workers are respectful of their dwelling, gainfully employed, and highly likely to pay rent.

Management consistently monitors real estate and capital markets with the goal to achieve the maximum disposition proceeds from each investment.  What does this strategy mean for investors? The potential for higher capital returns than normally exhibited in core and core+ real estate strategies.

Key Facts

Properties
Map of Bonnyville, AB

Bonnyville, AB

We’re constantly looking to make investments in our everyday, neighbouring cities.

  • Number of Properties

    18

  • Number of Doors

    305

Map of Calgary, AB

Calgary, AB

We’re constantly looking to make investments in our everyday, neighbouring cities.

  • Number of Properties

    5

  • Number of Doors

    89

  • Comm Sq Feet

    8,000

Map of Edmonton, AB

Edmonton, AB

We’re constantly looking to make investments in our everyday, neighbouring cities.

  • Number of Properties

    3

  • Number of Doors

    218

  • Comm Sq Feet

    13,100

Map of Lethbridge, AB

Lethbridge, AB

We’re constantly looking to make investments in our everyday, neighbouring cities.

  • Comm Sq Feet

    70,810

Map of Ponoka, Alberta

Ponoka, AB

We’re constantly looking to make investments in our everyday, neighbouring cities.

  • Comm Sq Feet

    67,515

Map of Prince Albert, SK

Prince Albert, SK

We’re constantly looking to make investments in our everyday, neighbouring cities.

  • Number of Properties

    1

  • Number of Doors

    30

Map of Red Deer, AB

Red Deer, AB

We’re constantly looking to make investments in our everyday, neighbouring cities.

  • Number of Properties

    6

  • Number of Doors

    235

Map of Regina, SK

Regina, SK

We’re constantly looking to make investments in our everyday, neighbouring cities.

  • Number of Properties

    3

  • Number of Doors

    54

Map of Saskatoon, SK

Saskatoon, SK

We’re constantly looking to make investments in our everyday, neighbouring cities.

  • Number of Properties

    6

  • Number of Doors

    96

Map of Stettler, AB

Stettler, AB

We’re constantly looking to make investments in our everyday, neighbouring cities.

  • Comm Sq Feet

    8,475

Map of Swift Current, SK

Swift Current, SK

We’re constantly looking to make investments in our everyday, neighbouring cities.

  • Number of Properties

    1

  • Number of Doors

    14

  • Comm Sq Feet

    6,000

Map of Wetaskiwin, AB

Wetaskiwin, AB

We’re constantly looking to make investments in our everyday, neighbouring cities.

Our Insights

January 19, 2021

Economically Problematic: An Empirical Examination of Cmhc’s Affordability Program for Existing Rental Housing Stock

The Canadian Mortgage and Housing Corporation (CMHC) is a Canadian Crown Corporation. According to the CMHC (2020a), it “exists for one reason: to make housing affordable for Canadians.

View Insight

January 6, 2021

Anthony Giuffre’s 2021 Industry Outlook with BNN Bloomberg

CEO, Anthony Giuffre discusses Avenue Living’s commitment to investing in the everyday combined with a vertically integrated platform gives the company a competitive advantage within the multi-family real estate industry.

View Insight

Our Trusts
  • Core Trust

    The Avenue Living Real Estate Core Trust is a mutual fund trust, targeting stabilized assets with strong occupancy and stable current income. The portfolio comprises 350+ multi-family and mixed-use buildings, totaling 8,600+ units and over 55,500 square feet of commercial space. Our assets are well diversified across various core and non-core markets in western Canada.

  • Agricultural Land Trust

    The Avenue Living Agricultural Land Trust is a mutual fund trust that invests in Canadian farmland and leases it to farm operators for cash rent. Without the intense capital requirements in managing real estate, farm operators can focus on what they do best — farming and producing global food supply. We ensure tenants use best practices in farming to maintain productivity of the land for future generations.

  • US Real Estate Trust

    The Avenue Living U.S. Real Estate Trust is a mutual fund trust targeting stabilized multi-family assets in balanced, secondary U.S. markets. This Trust brings a unique data-driven, methodical approach to identifying markets and investment opportunities across the United States.

  • Mini Mall Storage Properties Trust

    The Mini Mall Storage Properties Trust is a mutual fund trust focused on consolidating self-storage assets with strong existing cash flow. The Trust will build its portfolio off a significantly fragmented industry, leveraging automation and technology, along with Avenue Living Communities and Avenue Living Asset Management platforms.

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