Business as Usual at Avenue Living

Dear valued investors,

On May 20, we had an investor call to update you all on state of the union at Avenue Living. We are very much operating business as usual. April collections ended at over 97% during the month. Our collections for May have now hit just over 93%, putting us within 1-2% of where we normally would be at this time of the month.

For those of you who missed our call, here is our audio file.


All hands are on deck at Avenue Living and we continue to see strong fundamentals of our business with a focus on operations. Residents are fulfilling their basic needs and prioritising where they live and we are ensuring we provide a quality product.

We were pleased to have not only investors but also members of lending community and other key stakeholders on the call as we spoke with one voice, about various topics including:

  • Focus on fundamentals of business
  • Innovating to maintain operations
  • Cautiously beginning the back to office process
  • Cost-cutting measures
  • Corporate Social Responsibility
  • Government Relations
  • Training and Quality Assurance
  • Key Performance Indicators (KPIs)
  • The look ahead – financial liquidity is strong

We are proud to say that we are in command and control of our business – more so today than ever.

Related Posts

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

Tessa Bartlett 09 July, 2024

Investing in Alberta Real Estate | Red Deer

As Alberta’s 4th largest city, Red Deer enjoys a solid reputation as an attractive choice for…

Admin 02 July, 2024

Benefits of Submetering in Multi-Family Residential

Rising energy costs and the environmental impacts of energy consumption are at the forefront of…

Tessa Bartlett 21 February, 2024

Investing in Saskatchewan Real Estate | Saskatoon

Saskatoon, the largest city in Saskatchewan, has been making waves in recent years as an emerging…