On May 12, 2025, Avenue Living (2014) LP announced the successful completion of its inaugural offering of C$250 million aggregate principal amount of Series A senior unsecured notes, maturing on May 12, 2030. The notes bear a fixed annual interest rate of 5.109%, payable semi-annually beginning November 12, 2025. Offered on a private placement basis across Canadian provinces and led by RBC Capital Markets, the transaction garnered strong institutional investor demand. Legal counsel for the offering was provided by Torys LLP (for Avenue Living) and McCarthy Tétrault LLP (for RBC Capital Markets).

Proceeds from the offering will be used to refinance existing debt and support general corporate purposes. Avenue Living concurrently established a new C$250 million revolving credit facility with a Canadian Schedule I bank, enhancing its liquidity profile.

The company recently received a BBB (low) investment-grade rating with a Stable trend from Morningstar DBRS, distinguishing it as the only Canadian investment-grade multi-family entity rated by the agency. Avenue Living manages over C$7.4 billion in assets across 50+ markets in Canada and the U.S., with a portfolio that spans multi-family housing (over 19,000 doors), 9.3 million square feet of self-storage, and 50,000 acres of farmland. Its strategy centers on long-term, impact-driven investments supported by an institutional, customer-centric platform.