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Multifamily Investment Firm Experiences Hyper-Growth - Giro Katsimbrakis

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Information about Multifamily Investment Firm Experiences Hyper-Growth - Giro Katsimbrakis
Real Estate

Published on February 18, 2014

Author: girokatsimbrakis

Source: slideshare.net

Description

Avesta Communities LLC has experienced hyper-growth as they expanded their strategic portfolio in 2013. Avesta Communities is a multifamily investment Florida based real estate Company that has continued to purchase and renovate many properties throughout the past year.

Avesta Communities provides a great example of what to do to be a successful multifamily investment firm. Their success has a lot to do with expanding their portfolio. In 2013 they added nine communities with 1,928 apartment homes creating 82 million dollars in new assets. Avesta became a national competitor as the Florida based company secured real estate in Texas.

Avesta is a multifamily owner-operator that concentrates on providing high quality apartment homes to middle market renters. Their model has proven to be an excellent business platform that has helped bring them to their current position as an industry leader. They have plans to continue expanding throughout 2014. They will continue to acquire strategic properties throughout the United States. Another key to Avesta Communities success is that they keep their eye on strong markets and always focus on long-term growth opportunities. Avesta is also committed to improving the living situation of their middle market clients. They are award-winning renovators and are always looking for ways to improve their assets.

Avesta Communities business model has proven to be highly effective. It is worth an in-depth study to really understand their company and the intelligent decisions they have made to make them into industry leaders. Their model puts their clients first as they always try to strive to make their products better and increase the return on their targeted capital investments. Avesta is proud of their 2013 achievements and expects to do more business in 2014. From one multifamily investment company to another, congratulations Avesta Communities!
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Multifamily  Investment  Firm   Experiences  Hyper-­‐Growth   By  Giro  Katsimbrakis   February  12,  2014     Avesta  Communities  LLC  has   experienced  hyper-­‐growth  as  they   expanded  their  strategic  portfolio  in   2013.  Avesta  Communities  is  a   multifamily  investment  Florida  based   real  estate  Company  that  has   continued  to  purchase  and  renovate   many  properties  throughout  the  past   year.     Avesta  Communities  provides  a  great   example  of  what  to  do  to  be  a   successful  multifamily  investment  firm.  Their  success  has  a  lot  to  do  with  expanding  their   portfolio.  In  2013  they  added  nine  communities  with  1,928  apartment  homes  creating  82   million  dollars  in  new  assets.  Avesta  became  a  national  competitor  as  the  Florida  based   company  secured  real  estate  in  Texas.     Avesta  is  a  multifamily  owner-­‐operator  that  concentrates  on  providing  high  quality   apartment  homes  to  middle  market  renters.  Their  model  has  proven  to  be  an  excellent   business  platform  that  has  helped  bring  them  to  their  current  position  as  an  industry  leader.   They  have  plans  to  continue  expanding  throughout  2014.  They  will  continue  to  acquire   strategic  properties  throughout  the  United  States.  Another  key  to  Avesta  Communities   success  is  that  they  keep  their  eye  on  strong  markets  and  always  focus  on  long-­‐term  growth   opportunities.  Avesta  is  also  committed  to  improving  the  living  situation  of  their  middle   market  clients.  They  are  award-­‐winning  renovators  and  are  always  looking  for  ways  to   improve  their  assets.     Avesta  Communities  business  model  has  proven  to  be  highly  effective.  It  is  worth  an  in-­‐ depth  study  to  really  understand  their  company  and  the  intelligent  decisions  they  have   made  to  make  them  into  industry  leaders.  Their  model  puts  their  clients  first  as  they  always   try  to  strive  to  make  their  products  better  and  increase  the  return  on  their  targeted  capital   investments.  Avesta  is  proud  of  their  2013  achievements  and  expects  to  do  more  business   in  2014.  From  one  multifamily  investment  company  to  another,  congratulations  Avesta   Communities!       Giro  Katsimbrakis  has  twenty  years  worth  of  real  estate  industry  experience.  He  began  as  a   leasing  agent  for  Kiska  Developers  in  New  York  City,  and  quickly  worked  his  way  up  the   company  ladder  to  Director  of  Sales.  After  bringing  the  company  out  of  the  red  and  expanding   its  office  to  over  twenty  agents,  he  started  his  own  commercial  and  residential  real  estate  

company,  East  River  Properties.  After  taking  over  the  Las  Vegas  and  Arizona  markets,  Giro   Katsimbrakis  relocated  to  the  Dallas/Fort  Worth  area  and  founded  DPW  Properties,  which  he   is  currently  in  the  process  of  expanding  nationwide.  Throughout  his  long  and  successful  career,   Giro  has  rehabbed  over  four  hundred  properties,  and  bought  and  sold  millions  of  dollars  worth   of  real  estate.  

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