Denver, CO –– Avanti
Residential is pleased to announce the appointment of Richard Bennion as
Managing Director, where he will be responsible for strategic growth and institutional
capital relationships.%20Bennion.jpg)
Richard Bennion
With nearly 20 years
of experience in the multifamily real estate industry, Bennion has expertise in
capital raising, asset management, and development.
Bennion most recently worked at PEF
Advisors, an affordable housing investor, where he led the capital formation of
a $100 million fund focused on affordable housing nationwide and served as a
member of their senior leadership team and investment committee.
Prior to that, he successfully raised
$3 billion in equity from institutional capital partners for Carmel Partners, a
multifamily operator investing in acquisition and renovation deals and
development projects in select US markets.
Bennion also oversaw
the repositioning and disposition of a $1 billion portfolio of multifamily
investments located in Colorado, Arizona, and Texas while at Carmel.
 |
| Christian Garner |
Bennion holds an MBA from Harvard
Business School and a Bachelor of Science in Manufacturing Engineering from
Brigham Young University.
CONTACT:
Stacey Hershauer
focusAZ
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