Advenir, LLC

Overview

Advenir, LLC is a real estate investment company specializing in the acquisition, development, and management of multi-family and single-family rental communities. Founded in 1996 and headquartered in Aventura, Florida, Advenir has owned and operated over 30,000 units valued at more than $5 billion. Their current portfolio includes more than 12,000 multi-family units across 47 communities, with a total valuation of $2.9 billion and over $1.1 billion in equity under management. The company's investment strategy focuses on acquiring Class A and B value-add and core-plus multi-family assets in growth markets with high barriers to entry. Advenir employs a highly selective investment process, underwriting over 400 deals annually and acquiring less than 1% of those screened. They utilize accretive financing strategies and maintain long-term relationships with sellers, brokers, and vendors. Additionally, Advenir develops single-family rental communities in growth markets and leverages its in-house property management company, Advenir Living, to maximize efficiencies exclusively for Advenir investments. Advenir has a proven track record with 50 fully realized investments, achieving an average equity multiple of 2.27x and average annualized net investor returns of 23.6% over an average hold period of 5.2 years. Their vertically integrated approach, combining acquisitions, development, and property management, allows for superior attention to detail and refinement of property-level performance, consistently exceeding internal benchmarks and industry standards.

Investment Focus

• High net worth and institutional investors