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 and LIHTC.
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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20 principals on file
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Recent activity at Avesta Housing
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Avesta Housing's project portfolio
16 projects on file · Multifamily (10), Mixed-Use (6)
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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets Avesta Housing operates in
Investment themes at Avesta Housing
Capabilities
- Asset Management
- Construction Management
- Economic Development
- Mixed Use
- Public-private partnerships
- Site Development
- Sustainability
Operators similar to Avesta Housing
- EvernorthEstablished tierPortland-South Portland, MaineAffordable HousingLIHTC
- Northbridge CommunitiesEstablished tierPortland-South Portland, MaineAffordable HousingLIHTC
- Silver Street Development CorporationEstablished tierPortland-South Portland, MaineAffordable HousingLIHTC
- The Wishcamper CompaniesEstablished tierPortland-South Portland, MaineAffordable HousingLIHTC
- Princeton PropertiesEstablished tierPortland-South Portland, MaineAffordable HousingLIHTC
- The Annex GroupEstablished tierAffordable HousingLIHTC
- Hawkins CompaniesEstablished tierAffordable HousingLIHTC
- 2LifeEstablished tierAffordable HousingLIHTC
- Brinshore DevelopmentEstablished tierAffordable HousingLIHTC
- Denton Floyd Real Estate GroupEstablished tierAffordable HousingLIHTC
Frequently asked questions about Avesta Housing
- What does Avesta Housing do?
- Avesta Housing is a regional nonprofit real estate developer and property manager formally established in 1972, maintaining its primary corporate headquarters in Portland, Maine.
- Where is Avesta Housing based?
- Avesta Housing is headquartered in Portland, ME.
- What markets does Avesta Housing operate in?
- Avesta Housing is active in Portland-South Portland, Maine.
- How many employees does Avesta Housing have?
- Avesta Housing has 201–500 employees.