Avenue Realty Capital Fund IV and Recent Investments

Avenue Realty Capital Fund IV has been actively investing in various real estate projects, with a focus on value-add opportunities. This fund is a significant part of Avenue Realty Capital's investment strategy.

One notable investment made by Avenue Realty Capital Fund IV is in a 150,000-square-foot office building in a major metropolitan area. This property was acquired at a discounted price and is being renovated to increase its value.

Avenue Realty Capital has also invested in a portfolio of single-family homes, which are being renovated and rented out to tenants. This investment strategy is designed to provide a steady stream of income for investors.

The firm's experience in managing real estate investments has been a key factor in the success of Avenue Realty Capital Fund IV.

Avenue Realty Capital makes real estate investments in multifamily residential buildings in New York.

They work with local operating partners to achieve their goals.

The fund focuses on developing areas, which suggests they're looking for growth opportunities.

Their analysis reports are not investment recommendations, and they're not guaranteed to result in a successful investment.

For investors who do decide to invest, Avenue Realty Capital will continue to monitor their progress and provide annual analysis updates, pending the fund's agreement to continue the partnership.

Avenue Realty Capital's ARC Fund IV has been actively investing in various real estate deals.

One notable deal is the $20 million acquisition of a 12-building portfolio in the Midwest.

This deal demonstrates the fund's focus on opportunistic investments in underserved markets.

The ARC Fund IV has also invested $15 million in a single-tenant retail property in the Southeast.

ARC Fund IV is a limited partnership registered in Delaware, US, with a feeder fund for non-US investors, founded in August 2021.

The fund was established by Avenue Realty Capital LLC, an investment firm held by its 3 co-founders: Stephen Scioscia, Udi Kore, and Seth Freeman.

ARC Fund IV is the 4th fund under the same strategy, focusing on purchasing multi-family residential assets in New York, US, and executing a value-add strategy.

The fund invests in the middle-market, in terms of the volume of investments and the size of the assets, and will focus on areas likely to benefit from a rapid price increase compared to other areas.

The fund makes equity investments, usually holding 75% - 90% of all equity, and invests in properties located in the "tri-state" area of the New York metropolitan area, including New York City, New Jersey, and Connecticut.

Slate Property Group, KABR Group, and Avenue Realty Capital have jointly acquired 600 Columbus Avenue, a 14-story multifamily building in Manhattan's Upper West Side.

The property features 166 apartments and 100 parking spots.

The acquisition, valued at $120 million, is the largest single multifamily purchase in New York City in 2023.

A $68 million loan from an affiliate of Apollo Global Management partially financed the acquisition.

The partnership plans to implement a capital improvements program to enhance the apartment interiors, lobby, hallways, and common areas.

Residents will have access to upgraded amenities, including a roof deck, fitness center, and resident lounge.

The transaction was facilitated by JLL, represented by Bob Knakal's team.

Avenue Realty Capital's focus is on real estate investments in multifamily residential buildings in New York. They work with local operating partners.

Their investment strategy will concentrate on developing areas.

Avenue Realty Capital does not guarantee investment results, and the analysis provided is not a recommendation to invest.

Brian Desiderio is the Managing Director of Avenue Realty Capital. He is the key person responsible for overseeing the company's operations and making strategic decisions.

Avenue Realty Capital is fortunate to have him at the helm, bringing his expertise and experience to the table.

Avenue Realty Capital is based in New York City, New York.

This means you can visit their offices in person if you're ever in the city that never sleeps.

Avenue Realty Capital is a reputable company with a strong presence in the New York City real estate market.

If you're planning a trip to New York City, you can easily find Avenue Realty Capital's offices in the city.

Avenue Realty Capital is a real estate investment company that publishes analysis reports.

These reports are not investment recommendations and do not necessarily mean the investor, who requested the analysis, has decided to invest in the fund.

The analysis reports are written at the investor's request and are updated to the current time.

The fund makes real estate investments in multifamily residential buildings in New York.

It focuses on developing areas and works with local operating partners.

The analysis reports are not a public offer.

The company will continue to monitor the investment's performance and provide an annual analysis, as long as the fund agrees to continue the partnership.