Parvis Invest, a technology-driven real estate company, has announced a new distribution agreement with Avenue Living Asset Management. This partnership aims to address the increasing demand for accessible and transparent real estate investment opportunities in the industry.
Parvis is focused on broadening access to institutional quality real estate investments. By partnering with Avenue Living, a leader in the North American real estate market, Parvis aims to fulfill its mission of creating Canada’s best real estate investment platform. The collaboration will offer a diverse portfolio of products to investors, providing them with the means to build profitable growth.
Avenue Living, established in 2006, is a vertically integrated real estate owner and operator dedicated to creating long-term value and generating returns for stakeholders. The company invests in legacy-run multi-family residential, self-storage, farmland, and commercial assets, using four alternative investment vehicles. With an active approach to operations, Avenue Living enhances and manages its assets to maximize their potential.
As part of the distribution agreement, Parvis will offer Avenue Living’s Real Estate Core Trust on its platform. The Core Trust, which manages over $3 billion, specializes in acquiring multi-family properties throughout North America, characterized by stable occupancy and moderate capital upgrade needs.
Founded on the principle of Investing in the Everyday, Avenue Living has built a $4.8 billion portfolio of properties across various asset classes essential to the daily lives of North Americans. With a customer-focused approach, the company measures success by customer satisfaction, sustainable practices, and responsible investments. Avenue Living owns over 15,000 multi-family units, 86,000 acres of productive farmland, and more than 6 million square feet of self-storage space.
Parvis, headquartered in Vancouver, is a technology-driven real estate investing platform that aims to make institutional quality real estate investments more accessible. Enabled by blockchain technology, Parvis provides a frictionless and empowering experience for finding, tracking, and maximizing investments. The company’s subsidiary, Parvis Fintech, is registered as an Exempt Market Dealer in all Canadian provinces.
The distribution agreement between Parvis and Avenue Living reflects the growing demand for accessible and transparent real estate investment opportunities. This collaboration will provide investors with a wider range of options and possibilities for profitable growth. With their combined expertise and resources, Parvis and Avenue Living aim to strengthen Canada’s real estate investment landscape.
