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Avanew REIT
By:
Avanew SFR REIT Mutual Fund Trust
Avanew REIT is pioneering the Single Family Rental (SFR) asset class in Canada by aiming to build the largest portfolio of accessible, institutional-quality homes - while providing best-in-class tenant experience.
Location
Ontario
Risk Profile
Low - Moderate
N/A
Min. investment
$25,000
Investment Strategy
Core Plus
ARR
Targeting 10% Unlevered IRR Over 10 Years
Horizon
Open-Ended Fund
Introduction
Avanew focuses on acquiring existing underdeveloped or underinvested residential real estate assets. From there, they transform them into thriving, institution-quality homes with improved livability, life-safety, convenience, energy efficiency and aesthetic, to meet the growing demand for quality rental housing. Across their first two funds, Avanew acquired 329 properties and 553 rental units. Avanew REIT will continue this expansion. Avanew REIT thrives in the current real estate landscape by leveraging cutting-edge prop-tech innovations and proven U.S. REIT strategies to deliver impressive returns, while setting new standards in tenant satisfaction.
Key Reasons to invest
Proven Track Record
Between its first two funds, Avanew has acquired 329 properties comprising 553 rental units in a variety of cities and towns across Ontario. Avanew SFR REIT will be its third fund and will significantly expand this portfolio.
Gain Exposure to Single Family Rentals
In Canada, Avanew is the first to bring leading prop-tech and US REIT best practices to the market, establishing it as the leading, institutional quality Single Family Rental asset manager. Intention to rapidly grow asset base through consolidation of the Single Family Rental market. Similarly structured vehicles in the US market typically provide an IRR of around 10%.
Registered Account Eligible
Invest through your RRSP, TFSA, RESP, LIRA, or RRIF accounts!
Stable Investment Strategy
Avanew REIT provides access to rising rents and capital growth through a diversified portfolio of stable rental assets. As a debt-free investment, it reduces exposure to borrowing cost fluctuations, offering both stability and growth potential.
Project Overview
Location
Avanew strategically targets high-demand cities and towns across Ontario, tapping into the urgent need for quality rental homes.
Multimedia
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Developer Overview
Avanew has pioneered the low rise rental asset class in Canada by assembling one of the largest portfolios of attainable, institutional-quality rental homes in Ontario. They acquire existing, underdeveloped or underinvested residential real estate assets and complete renovations to enhance the livability, convenience, energy efficiency and aesthetic making them available to Canadians.