DALLAS, Oct. 4, 2016 /PRNewswire/ -- Avesta Communities is pleased to announce the opening of a new office in Dallas – expanding the rapidly-growing apartment investment and management firm's reach into Texas and Louisiana. This new office will primarily focus on serving and expanding Avesta's capital partners, as well as finding and evaluating private equity investment opportunities.
"This move signifies how committed we are to growing in Texas and Louisiana," said Avesta partner, Max Amster. "A local presence in Dallas is important to us. It allows us to strengthen our relationship with the community and our capital partners."
The office will be headed by Edward Crawford who joined Avesta as managing director after nearly eight years as vice president with Goldman Sachs. Crawford will work alongside Avesta associate Andre Gonzalez, who has been with Avesta since 2013. Gonzalez got his start with the company as an undergraduate intern from Harvard University.
Edward J. Crawford IV
Crawford will move to Dallas from Goldman Sachs, where he has been an advisor to numerous CEOs, institutions, and private company owners. Prior to Goldman, Crawford worked at the national private equity firm Advantage Capital Partners in Louisiana. Crawford also served as a Peace Corps Volunteer in the Dominican Republic where he founded a coffee cooperative with four members, growing it to include more than 180 coffee farmers.
As a U.S. Naval Intelligence Officer, Crawford served with Special Operations Command South in Latin America. From 2012-2013, he was deployed to Afghanistan as the Tribal and Political Adviser for SEAL Teams as a part of a Special Operations Task Force and was awarded the Bronze Star for his service.
In addition, Crawford is a Trustee and Executive Committee Member of the New World Symphony, a Trustee on the Business School Council at The Freeman School of Business at Tulane University and a Term Member of the Council on Foreign Relations.
Crawford has ties to the Dallas/Fort Worth area, receiving a degree from Texas Christian University. He also received three graduate degrees from Tulane University and is completing his degree from the MIT Sloan School of Management.
"I'm looking forward to returning to Texas and am excited to join this thriving private equity investment community in Dallas," said Crawford. "Avesta is committed to the Texas-Louisiana region and we look forward to working with the entire community."
Andre J. Gonzalez
Since graduating from Harvard, Gonzalez has helped Avesta grow from $200 million worth of multifamily communities in Florida to more than $800 million in Texas and Florida. Gonzalez has executed more than a dozen equity transactions and launched Avesta's first two commingled funds. He has also expanded the firm's investor base across multiple investment vehicles. Gonzalez is a member of the Real Estate Council Young Guns in Dallas.
About Avesta: Since 2010, Avesta has acquired over 12,000 apartment homes throughout Florida and Texas. Avesta will continue to actively purchase and redevelop multifamily communities in Florida and Texas during 2016. Avesta is a vertically integrated company, handling acquisitions, property management, construction management and portfolio management in-house. Avesta's mission is to give people a home where they can live abundantly and create more community in the world. By striving to be the world's most resident-focused company, Avesta creates lasting value and serves each of its stakeholders: teammates, capital partners, vendors, communities, and most importantly, its residents.
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SOURCE Avesta Communities