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Avenue Living Core Trust
By:
Avenue Living
Location
United States
Canada
Various Locations
Risk Profile
Low - Moderate
N/A
Min. investment
$5,000
Investment Strategy
Core Plus
ARR
8 - 12% over 10 years
Horizon
Open-Ended
Introduction
Avenue Living is a private multi-family real estate asset owner and operator based in Calgary, Alberta, with a portfolio of over ~17,000 multi-family units and over $4.1 billion in total assets under management as at February 13, 2024. With assets in both Canada and the United States, Avenue Living has strategically positioned itself to become a premier North American owner-operator of low-to-medium density residential assets that caters to a niche market within the multi-family universe called "Workforce Housing". The trust's return in 2023 was 11.24%.
Key Reasons to invest
Gain Exposure to the "Workforce Housing" Market
Workforce Housing caters to a city’s “essential workers”, who are overqualified for affordable housing yet may not be able toafford average market-rate homes, whether for rent or purchase.
Register Fund Eligible
Invest through your RRSP, TFSA, RESP, LIRA, or RRIF accounts.
Project Overview
Location
Multimedia
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Developer Overview
Avenue Living is a vertically integrated real estate owner and operator with over $6.0 billion AUM. Established in 2006, they acquire, enhance, and manage assets across Canada and the United States using four alternative investment vehicles. They apply an active approach to our operations and invest in legacy-run multi-family residential, self-storage, farmland and commercial assets. They are responsible stewards of capital and our goal is to create long-term value and generate returns for our stakeholders.