Real Estate News Exchange (RENX)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@renx.ca
Canada: 1-855-569-6300

Category: Residential

Avenue Living passes $5B in assets under management

Mario Toneguzzi Residential Apartments Calgary Sep. 20 2023

Avenue Living Asset Management was founded in 2006 with the purchase of 24 rental units in Brooks, Alta. for just over $3 million. With its latest acquisitions, the Calgary firm has surpassed $5 billion in assets under management, with continued growth on the horizon.

Apartment investment sector sees fewer deals, smaller assets trading

Steve McLean Residential Apartments National Sep. 19 2023

The number of purpose-built apartment transactions, and the size of those deals, has been trending downward. Higher interest rates are one reason for the trend, but other factors are also at play.

Industry Events