The Manager, AvenueWest Management, LLC is a Colorado limited liability company recently formed to serve as the manager of the Fund (“Manager”). The Manager is also the sole Class B Member of the Fund (the “Class B Member”).
The principals of the Manager are Angela Healy and Timothy Healy (the “Principals”). The Principals are not required to devote their full time to the Fund’s affairs, but only such time as they deem necessary and appropriate. The Principals believe that they have the experience to fully and efficiently identify, evaluate and acquire real properties that are consistent with the Fund’s investment objectives.
The Manager has assembled a team of experienced individuals who have substantial experience in evaluating, acquiring, owning and managing corporate housing properties. The business experience of the Principals and key personnel of the Manager are summarized below:
Angela Healy, Chief Executive Officer and Manager
Angela Healy has a strong record of leadership in real estate investment, real estate management, business development and technology commercial banking with more than 25 years of industry experience. Ms. Healy is the co-owner of multiple AvenueWest Managed Corporate Housing Franchises and AvenueWest Global Franchise, LLC. Ms. Healy guides the firm’s strategies for growth, and ensures that AvenueWest’s core philosophy of investor-centric decision making is reflected throughout the company. Ms. Healy played an integral role in the growth of AvenueWest Companies. During her tenure AvenueWest has grown exponentially from a small real estate investment brokerage to a national, award winning franchise organization. Ms. Healy’s leadership has grown the AvenueWest brand to represent $150 million in residential assets under management, annual gross revenues in excess of $10 million and supported the leasing of over $117 million in residential leases. Prior to joining AvenueWest, she served as Vice President at Silicon Valley Bank managing commercial lending to technology companies. She currently holds an employing real estate broker’s license in California, Georgia and Colorado.
Tim Healy, President
Tim Healy is the President and Manager of multiple AvenueWest Managed Corporate Housing Franchises and co-owner of AvenueWest Global Franchise, LLC. Mr. Healy is an experienced corporate manager, operations officer and corporate housing investment veteran. Mr. Healy has worked extensively with industry vendors and real estate investors developing the AvenueWest family of companies. Prior to joining the AvenueWest team Mr. Healy worked with Fortune 500 companies managing large call center support teams.
Kimberly Smith, Vice President Asset Management
Kimberly is a true pioneer in the corporate housing real estate investment industry as the co-founder of AvenueWest Corporate Housing, AvenueWest Global Franchise and Corporate Housing by Owner. Ms. Smith has spent more than 20 years developing award winning and nationally recognized businesses in the corporate housing real estate investment sector. Kimberly is a recognized leader in the corporate housing and real estate investment industries and served for 5 years on the CHPA / Corporate Housing Providers Association Board of Directors, the primary trade organization for the corporate housing industry, and as the 2011 elected Chairman of the Board. Think Realty magazine has recognized Ms. Smith on their 2017 Top 10 Women to Watch and as a 2018 Innovative Industry Leader. Ms. Smith has been nationally recognized for her business success and her philanthropic endeavors and has been featured in media sources like the NY Times, LA Times, Denver Post, US News & World Report, MSNBC.com, CNBC and SmartMoney.com. She was awarded the 2013 Denver Business Journal’s Outstanding Women in Business award for real estate, small business finalist in 2010, and finalist in the prestigious Power Book of The Denver Business Journal. Ms. Smith is a licensed real estate broker. Her book “Making Money with Rental Properties,” was internationally published and distributed by Penguin Publishing Group.