Avenue Living Asset Management
Avenue Living Asset Management (ALAM) is a full-service asset management firm supporting multiple investment products. Avenue Living manages all its assets, supporting sectors essential to the everyday — workforce housing, self-storage, farmland, and commercial real estate. A vertically integrated platform, access to capital, operational expertise, and proven investment strategy serve as catalysts for continued growth and expansion.
ASSETS UNDER MANAGEMENT (AUM)
equity managed
Properties managed
$5.8 Billion+
in Assets Under Management (AUM)
$1.75 Billion+
equity managed
700+
Properties managed
Assets Under Management
- AVENUE LIVING REAL ESTATE CORE TRUST
- AVENUE LIVING REAL ESTATE OPPORTUNITY TRUST - (Exited Dec 2023)
- FARMLAND
- MINI MALL STORAGE PROPERTIES TRUST
Business Functions
Legal
The legal department plays a pivotal role in managing and mitigating risk, overseeing the legal aspects of our real estate and corporate transactions, governance, contracts and securities, as well as a robust health, safety, and environment program.
Asset Management
The Asset Management team ensures our assets are run optimally and according to business plans, whether property management is provided in-house or via a third party.
Finance/Accounting
Our team of finance and accounting professionals provides all funds and operations with financial planning and analysis, financial reporting, fund accounting, taxation, and treasury management.
Marketing/Communications
Our marketing, communications, and creative professionals manage Avenue Living’s brand reputation, investor materials, social media strategy, customer engagement, and dynamic multimedia assets.
Capital Markets
Our capital markets professionals work together to raise capital, manage debt, and handle due diligence, regulatory, and market updates. They also provide thought leadership pertaining to alternative investments, housing, macroeconomics, and our investment thesis.
People & Culture
Our employees are our greatest asset, and our People & Culture team helps to deliver a positive experience for all our team members. They create, implement, and oversee programs to support our business, from onboarding and benefits to risk analysis and compliance.
Investments
Our experienced real estate professionals undertake all aspects of acquisition: market research, deal sourcing, underwriting, due diligence, and integration.
Information Technology
Our IT team is a multi-faceted department of experts offering customized solutions that go beyond technical support. This group delivers quality services across all business units, thoughtful analytics, software design, and security. They are instrumental in facilitating data-driven decisions for Avenue Living.
Leveraging Technology in Our Business
Across the organization, technology helps our teams make data-driven decisions with reduced overhead. We use several industry-leading data platforms, including CoStar, Yardi Matrix, and Real Page Axiometrics to drive market research and underwriting decisions. In addition to third-party software, we are developing several proprietary technology solutions for asset management, fund management, and acquisitions.
Acquisitions by the Numbers
Note: Figures presented for the year ended December 31, 2023
“Over the last year, we solidified Avenue Living as an institutional player and once again proved we are equipped to navigate any environment. We saw several formative milestones in the second half of 2023 including our largest acquisitions to date in both our multi-family and self-storage funds and achieved nearly $6 billion in assets under management. Moving forward, our focus is to bring our proprietary management to more North Americans and expand our offerings in multi-family, self-storage, and farmland.”