August 19, 2011 (Calgary, AB) - avenue living is pleased to annouce the recent purchase of Forest Garden Estates, a 3-storey 104 unit apartment building in Moose Jaw, Saskatchewan. This $7.28 million multi-residential garden apartment complex located at 35 Woodlily Drive marks our second foray in the Moose Jaw market.
Carl Diodati, Chief Investment Officer of avenue living commented that: "What we've achieved by completing this transaction is tremendous in that we now own and operate the majority of the garden style apartment sites in the city. The City of Moose Jaw has a lot to offer our prospective customers considering its close proximity to Regina where apartment availabilities are extremely low."
About avenue living
Based in Calgary, Alberta, avenue living is Western Canada's fastest growing private apartment building owner and operator. We came from humble beginnings with a few buildings in Southern Alberta, and in just over four years have grown to manage over 2000 rental apartments in the Prairie Provinces. We now own and operate buildings in Brooks, Edmonton, Lethbridge, Moose Jaw, Regina, Saskatoon, Swift Current, Winnipeg and Yorkton, and continue to expand into new markets. Despite our rapid growth, we remain primarily focused on placing our valued customers' needs first and providing them with quality homes and apartments for rent. We also believe in providing our customers with housing solutions that let them actively participate in reducing their impact on our environment when renting with us, by continuing to upgrade our buildings to make them more energy efficient.
avenue living | 403.984.9363 | Calgary, Alberta | www.avenueliving.ca