05/27/2020

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 22 April, 2025

The Strategic Appeal of Responsible Farmland Stewardship & Investment

As global populations rise year after year, the demand for food is expected to intensify, placing…

Tessa Bartlett 03 April, 2025

Investing in Alberta Real Estate | Edmonton

Alberta’s capital city presents investors with a compelling opportunity. The city boasts…

Tessa Bartlett 23 January, 2025

Connecting with Advisors via Thought-Provoking Reads

At Avenue Living, we are deeply committed to supporting the advisor community by providing valuable…