Avesta Enters Arizona with Acquisition of Coronado Crossing

TAMPA, Fla., Jan. 4, 2018 /PRNewswire/ — Avesta Communities is pleased to announce the recent acquisition of Coronado Crossings, a 320-unit garden-style apartment complex located on 19 acres in Chandler, AZ. Located just south of Phoenix, the community is Avesta’s first acquisition in Arizona. “Arizona is a great market and the city of Chandler has…

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If I Knew Then…

The Mistake: In the early days, we didn’t value virtue over talent. Avesta started in 2010, but we got into real estate in 2005 and started buying three- and four-unit buildings in the Northeast. And in 2007, we initially took the approach of “get someone who’s going to get the job done at the right…

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Avesta Beefs Up Operations Management with Two Industry Veterans

TAMPA, Fla., Oct. 31, 2017 /PRNewswire/ — Avesta, a fully integrated owner-operator specializing in multifamily apartment homes, is proud to announce the continued growth to its operations leadership team with two industry veterans: Janice Richards, Director of Operations – Florida and Monica Escobedo, Director of Operations – Texas and Colorado. “Janice and Monica are strategic…

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Avesta Offers Proven Model of Success to Third Party Owners

TAMPA, Fla., Oct. 26, 2017 /PRNewswire/ — Avesta, a vertically integrated owner-operator of multifamily apartment homes across the U.S., is pleased to introduce Avesta Communities Management Platform, a third-party property management service. In an effort to continue Avesta’s mission to give people a home where they can live abundantly, Avesta Communities Management Platform will offer…

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Avesta Appoints Two Senior Level Hires to Investor Relations and Accounting

TAMPA, Fla., Oct. 19, 2017 /PRNewswire/ — Avesta, a fully integrated owner-operator specializing in multifamily apartment homes, is pleased to announce the continued expansion of its leadership team with two recent hires: Gary Garcia II, Director of Investor Relations and Tara McCoy-Jeffers, Director of Accounting. “Gary and Tara are important additions to the Avesta team…

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Avesta Announces Its First Apartment Community Acquisition in Colorado

TAMPA, Fla., Sept. 19, 2017 /PRNewswire/ — Avesta Communities announced last week that it has completed its acquisition of 9100 Vance, a 276-unit apartment community located on 11 acres in Westminster, Colorado – a suburb located in the Greater Denver market. The community will be rebranded as Altitude Westminster and is the first acquisition for…

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RealtyShares Raises Its Largest Joint Venture Capital Investment to Date for Avesta Biscayne Apartment Complex in Miami

SAN FRANCISCO–(BUSINESS WIRE)– RealtyShares, a leading online marketplace for real estate investing, today announced that its network of accredited investors has raised $3.5 million in equity capital for the $67.3 million acquisition and renovation of Avesta Biscayne in North Miami, Florida. This is the largest equity investment that RealtyShares has raised to date through its…

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Avesta, a Top 100 Workplace, Announces Rapid Portfolio Growth

TAMPA, Fla., Feb. 16, 2017 /PRNewswire/ — Avesta, a rapidly growing multifamily investment and management firm, announced its performance results today. The firm, with apartment homes across Texas and Florida, experienced a year of tremendous growth as it continued to execute effectively on its investment, operational and financing strategies. Avesta leveraged growing investor demand and…

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