Posts Tagged ‘ Real Estate ’

AvenueWest Celebrates 20 Years in Business with Expansive Growth and Great Customer Service

The largest managed corporate housing company in the world demonstrates service, quality and choice translating into staying power, relevancy and keys to international growth.

This year marks the 20thanniversary of AvenueWest Corporate Housing, Inc., an award winning Colorado based business that has shown staying power by finding real estate and lodging solutions for customers in the economic ups and downs of the last 20 years.  Founded on the principles of service, quality and choice, AvenueWest Global Franchise now has 13 local real estate franchise brokerages and just launched AvenueWest Canada to further its North American expansion.20th anniversary logo v4-06

In a world before AirBnB, AvenueWest saw the business potential for residential rentals, and today is the leader in the furnished residential monthly leasing and real estate business development. AvenueWest Corporate Housing started as a small real estatemanagement company but quickly grew to the largest provider of corporate housing rentals inColorado.  Driven by the development of new ideas, meaningful innovation and vision for corporate growth, in 2010 AvenueWest Global Franchise, LLC was launched, enabling the national expansion of the AvenueWest Managed Corporate Housing business model. In 2018, AvenueWest Global Franchise, LLC,was nameda Colorado Company to Watch, acknowledging the drive, excellence and influence of AvenueWestas a growing company in the state. Colorado Companies to Watch honors second stage companies that develop valuable products and services, create quality jobs, enrich communities, and create new industries throughout Colorado.

A recognized leader in the industry, AvenueWest was awarded the Corporate Housing Providers Association’s (CHPA) prestigious Provider Company of the Year Award, in 2019 AvenueWest was short-listed for the international Serviced Apartment Provider of the Year Award, in 2018 Think Realty Magazine awarded them the Industry Influencer award and they have been listed for 3 consecutive years on Inc Magazine’s Inc 5000 list featuring the country’s fastest growing businesses. AvenueWest’s CEO, Angela Healy, states that there are two secrets to the company’s success. First, we work hard to run AvenueWest as a team and develop a place where our employees enjoy coming to work, take pride in what they do and create lasting solutions for the tasks at hand. Secondly, Healy adds, that we believe in doing business the old-fashioned way, person-to-person with high standards for customer service. “We are able to offer relocated or traveling professionals more than just a temporary place to call home; we also help them get to know and love their new city like we do. So many of our customers come back to us time and time again because they know they can depend on us for reliable information about the city they are relocating to.” Screen Shot 2019-04-24 at 9.21.10 AM

Mrs Healy stated, “The AvenueWest Managed Corporate Housing business model works and there is proven national demand for the unique rental properties only offered through AvenueWest, but the real estate property management business model requires state specific real estate licenses to operate in each state.  With a strong focus on quality and consistency, the AvenueWest business model began the evolution to a franchise model that developed locally owned and operated real estate brokerage offering managed corporate housing as a business lodging solution.  Creating a franchise business varied significantly from the development of a real estate brokerage offering furnished monthly rentals.  The new model had to develop training and systems that could expand and replicate what had been primarily done just through the development of key employees.  Today there are 13 locally owned AvenueWest franchises located in 7 states.  Current AvenueWest offices are located in  Atlanta, GA – Boulder,CO – Colorado Springs, CO – Dallas, TX – Denver, CO – Denver South / DTC – Fort Collins, CO – Phoenix, AZ – Las Vegas, NV – San Francisco, CA – Scottsdale, AZ – St Louis, MO – Tucson, AZ.

Today, AvenueWest still has the same mission statement it started with in 1999.  “We can best serve our tenants and property owners by always improving the quality of everything we do as a team.  We are committed to the process of becoming a continuously self-improving organization.”The  AvenueWest  franchise business model is different than the standard McDonalds as we work together on innovation.  Part of the value of our franchise program is that innovation not only comes from the top down but also from the bottom up.  We believe, and have demonstrated, the value of working with each franchise to best understand the innovations they make everyday and the Global Team works hard to disseminate these ideas as best practices for the benefit of all offices.  Together we achieve more, together we grow more, and together we innovate more.  There are thousands of moving parts that come together to make a corporate housing rental and each little element of innovation can improve the entire process.Screen Shot 2019-01-07 at 10.54.29 AM

A simple view of what we do is to work with property owners who have or want to develop residential investment real estate.  Our systems work to make sure the properties meet and exceed industry and client expectations.  Our management teams work hard to maintain and improve the condition of the investment properties and ensure the property meets the needs and expectations of the tenant.  All of this is supported by accounting teams that understand state specific real estate and accounting laws, as well as leasing agents, who work to develop and manage business customers around the globe.

“We are now poised for strong growth,” believes Mrs Healy.”We have proven our original business model, we have now perfected and proven our franchise model.  We will start by getting to 25 offices by the end of 2020.”  In addition AvenueWest has identified over 230 North American cities where the AvenueWest business model will work and there is sufficient lodging demand.

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Corporate Housing Provider Expands to Fort Collins, CO

Denver & Fort Collins, CO– November 1st, 2013 – AvenueWest Global Franchise today announces the opening of its latest franchise location, AvenueWest Northern Colorado located in Fort Collins, CO at 1136 E. Stuart St., #4201. AvenueWest Northern Colorado connects private landlords with business travelers in need of full service corporate housing. Corporate housing is defined as fully furnished rental apartments, homes or condominiums offered for rent on a short-term basis, usually for one month or more.

AvenueWest Global Franchise has been tapping into the emerging trend of departing business executives who are finding both financial freedom and life balance through franchise ownership. Deb Salek, a former senior level analyst with Qwest Communications is now the owner of the AvenueWest Northern Colorado office.  Deb’s exit from corporate America is a developing national trend.  Her first step was to decide to leave her office job.  She built a successful residential real estate business as a broker associate with RE/MAX, which provided the flexibility she needed with her two young children.  Then Deb and her husband, Todd, chose to relocate to Fort Collins, CO a city they found as the best compliment to their quality of life vision. When looking to target the relocation market more specifically, Deb found AvenueWest Corporate Housing to be an exciting opportunity which taps into both her corporate and real estate experience as she looks to build a long term sustainable business. Deb says Fort Collins is the perfect place to set up a corporate housing shop.

“Fort Collins offers this amazing quality of life and energy that is fueling growth and causing a positive relocation trend for the city.  With a diverse blend of corporations, Colorado State University, state of the art hospitals, government entities and a burgeoning craft beer industry, Fort Collins economy continues to strengthen. Fort Collins is also in the midst of a hot housing market with property inventory at a premium so it may take people several months to find a new home, and short-term housing presents the best solution during that transition.

Salek continues: “The people that stay in our AvenueWest properties prefer to have the amenities of home and appreciate that it is a less transient environment than what they would find in a hotel.  The cost to stay in an AvenueWest property is also typically less expensive per night than staying in a hotel.”

Salek will officially open the AvenueWest Northern Colorado office on November 1, 2013. Salek adds: the interest in managed corporate housing from corporations, investors and real estate professionals alike is exceeding her expectations. While Fort Collins will be her home base, she is assessing nearby Loveland, Windsor and Greeley, all of which are in growth patterns as well.

“There seems to be demand from every corner: corporations, visiting professors, medical personnel, the oil and gas industry, tourists and so forth.  I see the real opportunity as being with the individual homeowners who want to offer their furnished homes as corporate rental properties. They will have the ability to work with us to capitalize on and profit from the growing need for temporary housing solutions in the area.  It’s exciting to be able to help owners develop their investment properties,” Salek says.

Kimberly Smith, the CEO of AvenueWest Global Franchise, says that opening an office in Fort Collins has been on her wish list since the day she started her managed corporate housing business in the LODO area of Denver some 14 years ago and a priority since launching AvenueWest Global Franchise in 2010.

“An executive who wants a furnished property with all the creature comforts of home and high-end furnishings will have a strong preference for AvenueWest’s corporate rental properties over a transient hotel setting or other generic apartment rentals,” says Smith.  “With Deb’s knowledge of the area and industry, AvenueWest Northern Colorado now offers the kinds of rental properties required by discerning executives. It also offers the opportunity for private landlords to earn greatly increased rental income on their properties.”

About AvenueWest Global Franchise

Established in 2010, AvenueWest Global Franchise grew from the desire to expand the business opportunity and corporate housing excellence achieved through the AvenueWest Managed Corporate Housing program that was founded in 1999.  Currently AvenueWest Global Franchise has offices in Boston MA, Colorado Springs CO, Dallas TX, Denver CO, Fort Collins CO, Phoenix, AZ and San Francisco CA, and has recently embarked on an aggressive expansion plan with expectations to open an office in Atlanta, GA before year’s end.

About AvenueWest Northern Colorado

AvenueWest Northern Colorado, a franchise of Denver-based AvenueWest Global Franchise, opens its doors on November 1, 2013 and is owned and managed by Deb Salek, a long-time real estate executive. AvenueWest Northern Colorado fosters the connection between a private landlord of a rental property offered as a short-term, furnished rental with those in need of executive housing such as a traveling business executive, relocated family, traveling professor, athlete or actor and even someone in need of temporary housing during a medical treatment. To offer your property for rent through AvenueWest Northern Colorado, or to find a property during your temporary stay in the area, contact Deb Salek at 970-797-3099 or via email at: DSalek@AvenueWest.com.

To learn more about AvenueWest Northern Colorado and AvenueWest Global Franchise, visit www.AvenueWest.com.

For franchise opportunities and information, visit: www.AvenueWestFranchise.com.

 

 

 

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AvenueWest 2013 – Top 50 Real Estate Investment Opinion Makers & Market Leaders.

Personal Real Estate Investor Magazine “Building Wealth Through Property Investment”  this month honored AvenueWest as one of the top leaders in the United States along with HomeVestors and Real Property Management.

Home sales rising. Is a new wave of home investors forming?

Existing home sales rise in November and are now 34 percent higher than the mid-2010 low. Low prices and interest rates are drawing some new investors to real estate.

By Margaret Price, Correspondent / December 21, 2011

NEW YORK

Investors weary of the wobbly stock market and slim returns from certificates of deposit might take a cue from attorney and business coach LeTonya Moore. She’s investing in real estate.

This summer, she bought a town house in Tampa,Fla., for $37,000 in a foreclosure sale. She’ll live there for one to two years and then rent it while shopping for more properties in the area. Overall, she plans to make three real estate investments a year over the next four years so she can achieve her goal of financial independence.

“Real estate is as good, if not better, a long-term investment than the stock market,” she says.

http://www.csmonitor.com/Business/2011/1221/Home-sales-rising.-Is-a-new-wave-of-home-investors-forming

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