On May 20, we had an investor call to update you all on state of the union at Avenue Living. We are very much operating business as usual. April collections ended at over 97% during the month. Our collections for May have now hit just over 93%, putting us within 1-2% of where we normally would be at this time of the month.

Consolidating such a fragmented industry is a challenge few companies can rise to without a robust infrastructure supporting it. But a new fund, Mini Mall Storage Properties, is tapping into the Avenue Living advantage, leveraging the company’s established platform.