Avesta Housing

About Avesta Housing

Avesta Housing is a real estate operator headquartered in Portland, ME. Avesta Housing operates in Portland-South Portland, Maine. Its investment focus is on Affordable Housing.

Avesta Housing is a regional nonprofit real estate developer and property manager formally established in 1972. Operating for 54 years, the organization maintains its primary corporate headquarters in Portland, Maine. The regional operation relies on an active staff of more than 300 real estate and resident services professionals. The enterprise focuses its real estate strategies on affordable multi-family developments, historical asset preservation, and transit-oriented housing initiatives. Its platform services five targeted consumer segments including older adults requiring assisted living, working families, recent immigrants, disabled individuals, and formerly unhoused residents. The company's active portfolio manages over 100 properties containing more than 3,100 completed housing units that shelter over 4,700 people across Maine and New Hampshire. Current operational pipelines include an annual budget of $62.3 million alongside 800 additional homes under advanced planning and construction.

Principals at Avesta Housing

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