So much of our success depends on cultivating knowledge and a deep understanding of the real estate industry. Our leadership team brings expertise gathered from years of experience and insatiable curiosity about the world around them — read on to hear their insights as well as the latest industry news.
July 10, 2018
In just six months, Avenue Living Asset Management has raised $110 Million. Initially, the equity raise for Avenue Living Real Estate Core Trust was targeted at $75 Million by year’s end. However, due to robust investor interest and traction, the Core Trust rapidly became over-subscribed.
May 31, 2018
The Wetaskiwin community is excited about a new charitable program aimed at boosting fresh food for local seniors who are having trouble with their food budgets. A new program called “Seniors Food Security Initiative” is being spearheaded by staff and vendors of the Wetaskiwin Mall, operated by Avenue Living.
May 15, 2018
Today Avenue Living Asset Management reached a major milestone of having $1 Billion in assets under management, after closing on a 235-unit townhouse acquisition in Red Deer, Alberta.
April 26, 2018
Avenue Living Asset Management is pleased to formally announce a new institutional relationship with Westcourt Capital Corporation, a Toronto-based, independent portfolio manager and investment advisory firm. Westcourt specializes in selecting suitable investment products, and assisting clients in constructing conservative, alternative investment portfolios.
April 3, 2018
Avenue Living has built a multi-family portfolio of secondary and tertiary markets across 14 areas in the Prairies, and has just launched a new broker-assisted equity raise with the aim of bringing in $75 million to $125 million.
March 20, 2018
Strong tenant demand, coupled with declining vacancy rates in many Canadian markets, is predicted to lead to increases in rental rates.
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