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Current company 3rd Ave Investments, Llc
Real Estate · 4 employees · Founded 2013
3rd Ave Investments is a real estate investment and management firm specializing in the acquisition and re-positioning of Arizona multifamily assets through a value-add private equity fund structure. Founded in 2013 by Zev Hendeles and Asher Jungreis, 3rd Ave has acquired more than 600 apartments with a cumulative market value of over $50 million. Together, the pair have built a vertically integrated firm and are directly involved in all aspects of the acquisition, re-positioning and/or redevelopment process of each property. 3rd Ave targets under-managed, undervalued and off-market investments in Arizona, where opportunities exist to create value through a more active management approach. Through the team’s experience, 3rd Ave has demonstrated an ability to create and maximize value through operational efficiencies, local expertise, and hands-on real estate knowledge. At the forefront of our business philosophy is a passion for real estate investing. When combined with a defined vision for innovative design and lifestyle, and a commitment to customer service, this makes for a unique real estate platform. Simply put, our goal is to create the highest quality residential housing product in every market in which we operate.