Avesta Housing

About Avesta Housing

Avesta Housing is a real estate operator headquartered in ME, United States.

Avesta Housing is a nonprofit real estate developer and property manager founded in 1972, now operating in Maine and New Hampshire. As of 2025, it manages over 100 properties, containing more than 3,000 housing units, sheltering over 4,700 people. Over its more than 50 years in operation, Avesta has expanded from roughly 800 units in the early 2000s to over 2,900 units by 2020. Staff size has grown accordingly, satisfying both real estate development and resident‑services needs across the region. The organization focuses primarily on affordable multifamily development, including both new construction and preservation of older affordable housing. Its developments serve populations such as older adults (assisted‑living), working families, recent immigrants, and those formerly unhoused. Recent projects include a 31‑unit Village Commons for adults age 55+ and mixed‑income developments like West End Apartments in South Portland and the 40‑unit River Turn community in Conway, New Hampshire.

Principals at Avesta Housing

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