As Miami’s thriving economy, access to quality talent, and strategic location continues to attract businesses and corporate headquarters, an opportunity became clear for AvenueWest: A new franchise in South Florida.
Having established a reputation as a leading provider of furnished corporate housing, real estate, and property management services, AvenueWest knew it had the expertise and resources to meet the escalating demand for extended rentals for corporate and international travelers in the greater Miami region.
“Our commitment to providing exceptional corporate housing solutions has allowed us to grow and expand our services to meet the needs of our clients, and we are excited to bring our services to Miami's growing market,” said AvenueWest Global Franchise’s CEO, Angela Healy.
The new franchise officially launched on August 17 and marks the company’s 17th location in the United States, further solidifying its position as the go-to provider of high-quality managed corporate housing accommodations. Over the last 25 years, AvenueWest has experienced a remarkable surge in demand, adding over 100 new properties in the last five months and is on track to double their revenue in 2023. While demand factored into AvenueWest’s decision to expand into Miami, it was important to find the right leader that could build on existing relationships in the region and uphold the company’s values.
Enter Miami local, Michelle Real. The new AvenueWest Miami owner’s introduction to the franchise happened while listening to a podcast featuring CEO Angela Healy. She was intrigued by their unique business model and had experienced first hand the complexities and challenges faced by property owners, particularly in short-term rental management, often due to regulations and tenant turnover. Michelle quickly discovered that her combined business experience and eight years in the Miami real estate industry made for an ideal partnership for the franchise.
“AvenueWest opens the door to a segment of the industry that only a few companies have access to and individual investors are missing. The corporate housing sector can be complex, but AvenueWest has made the process streamlined and efficient. The rental revenue program is the best proposition for owners to get a higher return on their investment as an alternative over options such as a short-term rental like Airbnb. Corporate housing can yield similar returns and better experiences for renters and owners alike,” said Real.
Michelle recognizes the evolution of options in the real estate industry, and is pleased to have found a company that prioritizes the success of both franchise owners and its clients.
“Becoming part of a well recognized industry brand like AvenueWest was not a difficult decision,” Real added. “The immeasurable value of professionalism, industry expertise, and knowledge exhibited by our colleagues here is truly invaluable. It is the people here that make the difference.”
“We are thrilled to welcome Michelle Real to our team. We are confident she will continue to give our clients the best service,” said Angela Healy.
With the Miami corporate housing sector rapidly growing, AvenueWest and Michelle are poised to meet the increasing demand. By focusing on both the success of franchise owners and the satisfaction of clients, they are thrilled to offer a premium option for corporate guests and visitors and make a significant impact in Miami's corporate housing market.
To learn more please visit, www.miami.avenuewest.com
