Published on February 18, 2014
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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