
Avesta Housing
Portland, ME 201–500 employees 20 principals
Last updated
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, maintaining its primary corporate headquarters in Portland, Maine. Operating with 54 years of industry history, the organization relies on an active staff of more than 300 real estate and resident services professionals. The enterprise focuses its real estate strategies on affordable multifamily developments, historical asset preservation, and transit-oriented housing initiatives. Its platform serves five targeted consumer segments, including older adults requiring supportive environments, working families, recent immigrants, disabled individuals, and formerly unhoused residents. The company's active portfolio encompasses over 100 properties containing more than 3,100 completed housing units that shelter over 4,700 residents across Maine and New Hampshire. Its ongoing operational pipeline features an annual budget of $62.3 million alongside 800 additional homes currently under advanced planning and construction.
Principals at Avesta Housing
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