AvenueWest has been managing high quality private residences for investors since 1999. Today, AvenueWest Managed Corporate Housing services are in 15 cities, in both the United States and Canada and we are adding more offices every month. #corporatehousing #realestateinvestment #rentals #lodging #realestate #avenuewest #skift
This year marks the 20th anniversary of AvenueWest Corporate Housing, Inc., an award winning Colorado based business that has shown staying power by finding real estate and lodging solutions for customers in the economic ups and downs of the last 20 years. Founded on the principles of service, quality and choice, AvenueWest Global Franchise now has 15 local real estate franchise brokerages and just launched AvenueWest Canada to further its North American expansion.
In a world before AirBnB, AvenueWest saw the business potential for residential rentals, and today is the leader in the furnished residential monthly leasing and real estate business development. AvenueWest Corporate Housing started as a small real estate management company but quickly grew to the largest provider of corporate housing rentals in Colorado. Driven by the development of new ideas, meaningful innovation and vision for corporate growth, in 2010 AvenueWest Global Franchise, LLC was launched, enabling the national expansion of the AvenueWest Managed Corporate Housing business model. In 2018, AvenueWest Global Franchise, LLC,was named a Colorado Company to Watch, acknowledging the drive, excellence and influence of AvenueWestas a growing company in the state. Colorado Companies to Watch honors second stage companies that develop valuable products and services, create quality jobs, enrich communities, and create new industries throughout Colorado.
A recognized leader in the industry, AvenueWest was awarded the Corporate Housing Providers Association’s (CHPA) prestigious Provider Company of the Year Award, in 2019 AvenueWest was short-listed for the international Serviced Apartment Provider of the Year Award, in 2018 Think Realty Magazine awarded them the Industry Influencer award and they have been listed for 3 consecutive years on Inc Magazine’s Inc 5000 list featuring the country’s fastest growing businesses. AvenueWest’s CEO, Angela Healy, states that there are two secrets to the company’s success. First, we work hard to run AvenueWest as a team and develop a place where our employees enjoy coming to work, take pride in what they do and create lasting solutions for the tasks at hand. Secondly, Healy adds, that we believe in doing business the old-fashioned way, person-to-person with high standards for customer service. “We are able to offer relocated or traveling professionals more than just a temporary place to call home; we also help them get to know and love their new city like we do. So many of our customers come back to us time and time again because they know they can depend on us for reliable information about the city they are relocating to.”
Mrs Healy stated, “The AvenueWest Managed Corporate Housing business model works and there is proven national demand for the unique rental properties only offered through AvenueWest, but the real estate property management business model requires state specific real estate licenses to operate in each state. With a strong focus on quality and consistency, the AvenueWest business model began the evolution to a franchise model that developed locally owned and operated real estate brokerage offering managed corporate housing as a business lodging solution. Creating a franchise business varied significantly from the development of a real estate brokerage offering furnished monthly rentals. The new model had to develop training and systems that could expand and replicate what had been primarily done just through the development of key employees. Today there are 15 locally owned AvenueWest franchises located in 7 states. Current AvenueWest offices are located in Atlanta, GA – Boulder,CO – Colorado Springs, CO – Dallas, TX – Denver, CO – Denver South / DTC – Fort Collins, CO – Phoenix, AZ – Las Vegas, NV – Sacramento, CA – San Francisco, CA – Scottsdale, AZ – St Louis, MO – Tucson, AZ & Toronto, Ontario Canada. Today, AvenueWest still has the same mission statement it started with in 1999. “We can best serve our tenants and property owners by always improving the quality of everything we do as a team. We are committed to the process of becoming a continuously self-improving organization.”The AvenueWest franchise business model is different than the standard McDonalds as we work together on innovation. Part of the value of our franchise program is that innovation not only comes from the top down but also from the bottom up. We believe, and have demonstrated, the value of working with each franchise to best understand the innovations they make everyday and the Global Team works hard to disseminate these ideas as best practices for the benefit of all offices. Together we achieve more, together we grow more, and together we innovate more.
All Corporate Housing Rentals or Corporate Housing Companies are NOT created equal.
When you are a renter you need to know not all corporate housing companies are the same, it is of the utmost importance to ask as many questions as you can think of each and every time. The experienced and quality property owners and managers will be able to address all your questions and concerns with ease.
Rates. What does the monthly rate include? Are there discounts for longer leases? Are there additional fees?
Location. Is there a local office or on-site contact should I require assistance? If there is not a local contact ask how they handle client requests and property issues.
Services. What additional services are provided? For example, is there 24-hour maintenance service or other amenities that will make the stay pleasant?
Accreditation. Is the company a Corporate Housing Providers Association (CHPA) member? CHPA is the trade organization for the corporate housing industry and requires specific levels of professionalism, excellence, customer service, and ethical standards. Ask whether the leasing agents are Certified Corporate Housing Professionals (CCHP). The CCHP certification means that the corporate housing professional has met clear industry standards. These accreditations will enable a relocation manager to distinguish a quality corporate housing agent from the pack.
Experience. What percentage of the corporate housing company’s business is involved in corporate relocations? Finding an experienced provider can be a bonus in this changing marketplace.
Protection. How are the company and its vendors insured? This is especially important to find out when working with management companies that manage properties offered by individual homeowners.
Policies. What is the company’s policy when a guest does not like the property? Does it have other options available to accommodate that guest?
When you are a renter you need to know not all corporate housing rentals are the same, it is of the utmost importance to ask as many questions as you can think of each and every time
Read Reviews: Read every review for a rental very carefully. In our experience, prior tenants are the best possible indicators of what you’re going to find when you and your luggage show up. They will generally give you decent indication of how it will be to live in a place.
Check the Area: Use Google Earth to look at your rental before you commit. The kennel next door or the lively pub downstairs might be bearable for a few days, but after a month, daily annoyances can become infuriating.
Study The Photos: Does the sofa look comfortable in addition to looking fashionable. In the kitchen can you see a stove, microwave and other items you expect especially in international rentals. Use the photos to ask more questions to confirm the details in the property will be what you expect.
Understand Parking & Transportation: If the rental listing does not specific exactly how far public transportation is from the rental, ask before you make the deal. Better yet, get an address for the rental, and you can let Google Maps do the investigation for you. You can actually have a look at the neighborhood and the building before you commit.
Research More: Take no prisoners on this issue if you depend on the Internet. When you begin to negotiate with an owner or representative, ask about Internet strength and let them know that this is a potential deal breaker. If you expect a strong, consistent broad band connection which will allow you to use Skype and stream entertainment without a hassle, tell them so right up front! In several cases during our home free life, we have been forced to make major demands once we have landed and discovered that we didn’t have a decent connection.
Corporate housing has come a long way in the past four decades and continues to evolve into a popular lodging solution for travelers of all walks of life. Change tends to breed misconceptions, so it has never been more important for renters to stay apprised and knowledgeable about the corporate housing industry. And even though the corporate housing industry has and likely will continue to change, you can count on one thing staying the same: corporate housing always has and will continue to provide short-term furnished housing to individuals and business executives who need a place to call home, even if only for a short while.
Managed Corporate Housing = AvenueWest
By Owner = CHBO
Corporate Housing Providers Association = CHPA
What is Corporate Housing and what questions should I ask when choosing a property and a provider? CHPA, The Corporate Housing Providers Association has a best practices guidelines and Certifies individuals as CCHP, Certified Corporate Housing Professionals. Northeast Suites takes their commitment to excellence to another level to ensure your stay is as peaceful and seamless as possible.