Avanti

Avanti Residential Completes $1.9 Billion in Transactions in 2021

Retrieved on: 
Monday, January 17, 2022

The company today announces the completion of its most active year of dealmaking yet, closing on $1.9 billion in new acquisitions, dispositions and asset recapitalizations in 26 separate transactions.

Key Points: 
  • The company today announces the completion of its most active year of dealmaking yet, closing on $1.9 billion in new acquisitions, dispositions and asset recapitalizations in 26 separate transactions.
  • Avanti has two additional properties under contract in Kansas City that it expects to close in the first quarter of 2022.
  • The firm was also the buyer on one of the largest apartment transactions in the Denver metropolitan area in 2021, purchasing the 397-unit Forum Fitzsimons for $159 million.
  • Avanti Residential is an experienced investor and owner-operator of lifestyle-forward multifamily communities in the U.S.

MHI Thermal Systems Receives Two "ProductReview Awards" for its Split System Air Conditioners, for Second Consecutive Year

Retrieved on: 
Wednesday, December 15, 2021

Both series were highly rated, leading to their award-winning one-two finish in this category for the second year in a row.

Key Points: 
  • Both series were highly rated, leading to their award-winning one-two finish in this category for the second year in a row.
  • The ProductReview Awards are presented to products and services that have been well regarded by its members.
  • The high marks received by our two series of split system air conditioners I believe reflects the achievement of value so important to us.
  • *Split system air conditioners are residential air conditioners comprised of an indoor unit housing the evaporator and an outdoor unit incorporating the compressor and condenser.

Avanti Residential Buys $92 Million Artistry Apartments in St. Petersburg, FL

Retrieved on: 
Friday, December 17, 2021

ST. PETERSBURG, Fla. and DENVER, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Denver-based Avanti Residential has acquired Artistry, a $92 million luxury 246-unit apartment community in the heart of downtown St. Petersburg, FL.

Key Points: 
  • ST. PETERSBURG, Fla. and DENVER, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Denver-based Avanti Residential has acquired Artistry, a $92 million luxury 246-unit apartment community in the heart of downtown St. Petersburg, FL.
  • Avanti has now invested over $300 million in Florida and has closed on $1.4 billion in apartment transactions nationwide over the past 12 months.
  • The multifamily sector presents compelling market fundaments, said Jason Wine , director of acquisitions for Avanti Residential.
  • Last week Avanti Residential invested $65 million in the acquisition of Village West apartments, a 306-unit apartment community in the greater Kansas City area, where the firm now owns four properties.

Avanti Residential Acquires Sanctuary Doral Apartments in South Florida for $102 Million

Retrieved on: 
Tuesday, October 19, 2021

DENVER and DORAL, Fla., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Denver-based Avanti Residential announces the acquisition of Sanctuary Doral, an ultra-luxury 226-unit multifamily community in Doral, FL for $102 million. Avanti purchased Sanctuary Doral from Miami-based Shoma Group, who developed the project with condominium-quality finishes and resort-like amenities in 2020. The acquisition continues the growth of Avanti’s nationwide apartment portfolio and is the second of three South Florida investments the company plans to complete in 2021.

Key Points: 
  • Acquisition of new 226-unit Class A apartment community furthers Denver-based Avantis investment foothold in South Florida, with a third purchase pending before year-end
    DENVER and DORAL, Fla., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Denver-based Avanti Residential announces the acquisition of Sanctuary Doral, an ultra-luxury 226-unit multifamily community in Doral, FL for $102 million.
  • Avanti purchased Sanctuary Doral from Miami-based Shoma Group, who developed the project with condominium-quality finishes and resort-like amenities in 2020.
  • Sanctuary Doral is located at 9400 NW 41st Street in Doral and fronts Doral Boulevard, the major east/west thoroughfare in Doral.
  • Avanti Residential has been an active investor in multifamily communities in Florida as the firm expands its nationwide portfolio.

Viasat Offers Ka-Band In-Flight Connectivity Coverage in Brazil for Business Aviation

Retrieved on: 
Tuesday, October 5, 2021

CARLSBAD, Calif., Oct. 5, 2021 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced Ka-band In-Flight Connectivity (IFC) coverage expansion for its Business Aviation services across Brazil, the world's third largest Business Aviation market.

Key Points: 
  • CARLSBAD, Calif., Oct. 5, 2021 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced Ka-band In-Flight Connectivity (IFC) coverage expansion for its Business Aviation services across Brazil, the world's third largest Business Aviation market.
  • Viasat continues to expand its high-capacity, Ka-band coverage areas to business jet operators, now covering more than 90 percent of the most-traveled business aviation flight paths with its industry-leading connectivity solution.
  • Additionally, Viasat Business Aviation will soon provideprovide expanded coverage and capacity across parts of Europe and the Middle East on the Avanti Communication Group's HYLAS-4 and HYLAS-2 satellites.
  • "We're excited to bring additional coverage for our advanced in-flight connectivity solution to the business aviation markets in Brazil and, in the near future, Europe and the Middle East," saidClaudio D'Amico, business area director, Business Aviation.

Automatic Merchandiser Names Cantaloupe Inc.’s Elyssa Steiner, Michael Johnson and Maxwell Elliott to Its Debut “40 Under 40” List

Retrieved on: 
Thursday, September 23, 2021

The 40 Under 40 Class of 2021 are key industry influencers to watch, said Automatic Merchandiser editor, Nick Montano.

Key Points: 
  • The 40 Under 40 Class of 2021 are key industry influencers to watch, said Automatic Merchandiser editor, Nick Montano.
  • Elyssa Steiner, vice president of Marketing, has a passion for the unattended retail industry which is deep-rooted in family legacy.
  • I, and the entire Cantaloupe team, are extremely proud of Elyssa Steiner, Michael Johnson, and Maxwell Elliotts accomplishments, and heartily congratulate them!
  • In its inaugural 40 Under 40 Awards program, Automatic Merchandiser recognized outstanding young individuals making a difference in the vending, micro markets and office coffee service industry.

Avanti Residential Acquires $159 Million Forum Fitzsimons Apartment Complex in Metro Denver

Retrieved on: 
Tuesday, September 21, 2021

DENVER, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Denver-based Avanti Residential announces the acquisition of Forum Fitzsimons, a 397-unit Class A luxury apartment complex in Aurora, CO for $159 million.

Key Points: 
  • DENVER, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Denver-based Avanti Residential announces the acquisition of Forum Fitzsimons, a 397-unit Class A luxury apartment complex in Aurora, CO for $159 million.
  • Forum Fitzsimons is a transportation oriented mixed-use development that includes 28,202 square feet of retail space and a full amenity package to serve the lifestyle needs of todays apartment resident.
  • This investment fits squarely within our criteria of assembling a portfolio of high-quality multifamily assets that deliver a first-class apartment lifestyle experience in high-growth employment markets, said Christian Garner, president of Avanti Residential .
  • Forum Fitzsimons is one of just three apartment communities built in the immediate area serving the Fitzsimons bioscience hub in the last five years.

Avanti Residential Acquires $105 Million Apartment Community in South Florida

Retrieved on: 
Monday, August 23, 2021

DENVER and BOYNTON BEACH, Fla., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Avanti Residential announces the acquisition of 500 Ocean, a 341-unit class A apartment community in Boynton Beach, FL, for $105 million ($308,000 per unit).

Key Points: 
  • DENVER and BOYNTON BEACH, Fla., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Avanti Residential announces the acquisition of 500 Ocean, a 341-unit class A apartment community in Boynton Beach, FL, for $105 million ($308,000 per unit).
  • Avanti owns and operates approximately 7,500 apartments in Colorado, Arizona, Utah, greater Kansas City, and now Florida.
  • The firm is actively acquiring core-plus and value-add apartment projects on behalf of the firms institutional and private capital partners.
  • Avanti has earmarked $1.2 million in improvements and upgrades to enhance the property, including clubhouse renovations, interior and exterior painting, pool upgrades and landscaping.

BPI group Becomes Bravanti

Retrieved on: 
Monday, August 2, 2021

CHICAGO, Aug. 2, 2021 /PRNewswire/ -- BPI group, the Chicago-based global executive coaching, leadership acceleration, and outplacement/career transitionfirm, has rebranded the company Bravanti.

Key Points: 
  • CHICAGO, Aug. 2, 2021 /PRNewswire/ -- BPI group, the Chicago-based global executive coaching, leadership acceleration, and outplacement/career transitionfirm, has rebranded the company Bravanti.
  • The new name Bravanti is forged from brave to face challenges with courage and convictionand avanti a rallying cry to move forward into the future.
  • Bravanti means to go courageously forward, leading bravely and focused on igniting bold futures.
  • In 2020, BPI group acquired Flynn Heath Leadership of Charlotte, N.C., adding to its capabilities in leadership acceleration, especially for women and underrepresented groups.

Ricoh unveils new subscription pricing model for Avanti Slingshot to meet market demand

Retrieved on: 
Tuesday, July 27, 2021

EXTON, Pa., July 27, 2021 /PRNewswire/ -- Ricoh USA, Inc. today announced a new subscription pricing model for its AvantiSlingshot Printmanagement information system (MIS) and business workflow management platform.

Key Points: 
  • EXTON, Pa., July 27, 2021 /PRNewswire/ -- Ricoh USA, Inc. today announced a new subscription pricing model for its AvantiSlingshot Printmanagement information system (MIS) and business workflow management platform.
  • At a time in the market when decisions continue to be accelerated, this subscription option helps businesses grow at a pace that works most effectively for their customers' needs.
  • Ricoh's Avanti Slingshot offers mid-size and large print service providers the efficiency, control and visibility needed to effectively improve the customer experience.
  • Now, with an option to leverage Avanti Slingshot as a subscription, customers have the ability to scale more cost-effectively and as quickly as end user demand dictates.