October 29, 2012 (Calgary, AB) - avenue living is pleased to announce that we have reached another significant milestone by surpassing 2500 units under our ownership and operation. This means that we have added in excess of 500 units to our portfolio in the 6 months since our last milestone in May of this year.

We also recently expanded our operations to Wetaskiwin, by acquiring two townhome projects totaling 130 units. Just 45 minutes from Edmonton, Wetaskiwin became our 10th operating centre.

Carl Diodati, Chief Investment Officer for avenue living, added by saying: "This latest acquisition is just another step in building our product base in secondary centres throughout Alberta. Townhomes are the ideal choice for families looking for more room and privacy in this fast growing community."

Click here to view this new release as a PDF.

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 2500 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