In this manager conversation, Sightline Wealth Management’s Warren Gerow interviews Gabriel Millard Senior VP, Capital Markets, Equity & Research, Avenue Living. Warren and Gabriel discuss the real estate market, how Avenue Living positions itself as a leading real estate owner-operator, their buying/leasing process, and more.
Mr. Millard, Senior Vice President, Capital Markets – Equity & Research, joined Avenue Living in 2018 holding a variety of leadership roles, including the formation of the Canadian asset management team. He has been managing the equity capital markets team since early 2020, overseeing operations for all funds across various departments including: equity sales, corporate finance, national accounts, and marketing. He has expanded and led the division as it has raised in excess of $1 billion in growth capital. Mr. Millard has over 10 years of experience working in the private markets. Prior to joining Avenue Living, he worked for a software company managing valuations and cap tables for private companies ranging from start-ups to pre-IPO stage, before co-founding BlockMD, a blockchain-based telehealth software and medical technology company, where he worked in both Sydney, Australia as well as San Francisco, USA. Mr. Millard has a Bachelor of Commerce with a major in finance and a minor in economics from Concordia University in Montreal, QC.
Avenue Living is one of the largest private real estate owner-operators in Western Canada. Since 2006, Avenue Living has consolidated more than $5.5 billion in assets under management across various asset classes, risk profiles, and primary/secondary markets in Canada and the United States. Their multi-family division has approximately 17,000 doors throughout the North American Heartland. Their self-storage fund owns and operates 8 million square feet of self-storage space across North America. Their agriculture fund has expanded its acres under management to more than 83,000. Above all, they are an operations-first asset manager. Their selective investment approach aims to create long-term value, preserve capital, and drive compelling returns for investors through a variety of investment offerings. To date, Avenue Living is the proud steward of more than $2.5 billion in equity capital. Their experienced management team specializes in identifying and acquiring underperforming real estate assets. They then stabilize the assets through hands-on management and targeted value-add initiatives. Since 2006, they have built a significant portfolio of assets that aims to generate solid returns for their investors and provide safe, comfortable homes for their residents. (Source: Avenue Living).
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Warren Gerow is an independent investment wealth consultant at Sightline Wealth Management.
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