July 23, 2012 (Calgary, AB) -avenue living is pleased to announce a recent $9.5M purchase in the city of Medicine Hat, Alberta. The purchase of these 121 units marks avenue living's first acquisition this city, and makes it our 10th operating centre across the Prairie Provinces. Medicine Hat has always been an economic hotbed for this region; by the time Alberta was incorporated as a province in 1905 residents had already tapped into natural gas as an inexpensive form of energy. To this day, the city's own gas fields continue to light the traditional gas lamps that you can see throughout the downtown district.

Adding to Medicine Hat's unique appeal is the fact that it can claim the title of sunniest year-round city in all of Canada, with over 2,500 hours each calendar year. 

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 2300 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

by Communications Team