Avenir Apartments Implements "Living Green Initiative"
Avenir Apartments in Milwaukee, WI is a Series 2 Investment. The Real Estate Manager has implemented a "Living Green Initiative" which includes:
researching and selecting materials that are high quality and eco-friendly
offering easy and convenient ways to recycle and take part in on-site bike share program
providing residents with access to daylight and the ability to control heating and cooling systems
providing large floor-to-ceiling windows, adding natural daylight and sunshine
paying close attention to water conservation
transitioning to electronic paperless leases
utilizing a revolutionary new high-performance wall system with significant energy-saving insulation
placing storm water detention tanks underground to limit strain on the Metropolitan Sewerage system
As of mid-August, Avenir was 93% leased. There are 20 leases expiring at the end of August, and 8 of the residents have renewed. Corporate apartments and residents moving due to job relocation, home purchases and price account for the non-renewal leases.