Our Story

 

Founded in 2015, Avance Capital is a real estate investment company focused on acquiring, renovating, and leasing graduate student housing in the Northeastern United States. Avance has created a model that targets highly ranked private universities with large graduate student populations and limited to no off-campus housing options, pushing the students into the local housing markets. We buy existing multi-family property within walking or shuttle distance of the targeted university and reposition it into student housing through extensive renovation designed specifically for graduate student living.

 

We have refined a model that provides middle market housing product to an underserved graduate student market. We provide the same services to graduate students that the universities provide for their undergraduate students, but in premium off-campus apartment communities.

Our apartments are rented to individual students by the bedroom, taking the stress out of finding potential roommates. All apartments come fully furnished with all utilities included for an all-inclusive premium fixed price. No more organizing and collecting rent or utilities from roommates!

Property Timeline and Return Values

16-20 Governor Street

Generated 18% return at stabilization

Sheldon Street

Generated 16% return at stabilization

Shelby Street

Generated 14% return at stabilization

Prospect Street / Olney Street

Generated 24% return at stabilization

Chester Avenue

Generated 54% return at stabilization

Washington Street

Generated 16% return at stabilization

Adams Street

Generated 17% return at stabilization

40 Governor Street

Completion of construction

Creighton Street

Completion of construction

December '14

August '15

June '16

September '16

October '16

June '17

September '17

August '19​

August '19​

AVANCE CAPITAL / T 617.420.2024 / F 617.977.0972 / © 2021 AVANCE CAPITAL, LLC

Chester Avenue

Generated 54% return at stabilization

Shelby Street

Generated 14% return at stabilization

Adams Street

Generated 17% return at stabilization

Washington Avenue

Generated 16% return at stabilization

Creighton Street

Completion of construction

August '15

September '16

June '17

August '19​

August '19​

December '14

Prospect Street / Olney Street

Generated 24% return at stabilization

June '16

16-20 Governor Street

Generated 18% return at stabilization

October '16

Sheldon Street

Generated 16% return at stabilization

September '17

40 Governor Street

Completion of construction

August '19​

Brown Street

Acquired - pending construction.