However, solutions to the country’s housing needs must simultaneously address carbons and GHGs.
Avenue Living Real Estate Core Trust owns and operates $3.7 billion in aggregate assets. These include hundreds of multi-family holdings in North America, offering what the company calls “workforce housing” for those over-qualified for subsidised affordable housing but unable to enter today’s competitive high-priced rental and new housing markets.
Each building, all built before 2000, has individual challenges and therefore will have individual retrofit plans, explained Avenue Living’s founder and CEO Anthony Giuffre. He explained that Avenue Living is the only multifamily operator under this CIB program and the only operator of any type that touches so many buildings.