Noted Real Estate Economist Joins Aviara Residential Services, LLC Fund Management Team
CARLSBAD, Calif., March 27, 2013 /PRNewswire/ -- Aviara Residential Advisors, LLC today announced that noted housing economist, G.U. Krueger of KruegerEconomics has been retained by the Company to be its advising Chief Economist. Krueger will conduct market research and develop econometric models to help the company in its investing activities. Krueger will also be part of Aviara's Investment Committee for its managed residential real estate funds.
Among Krueger's credentials are that he was Deputy Chief Economist with the California Association of Realtors. He also worked as an industry economist for the Conference Board in New York City. G.U. has served in an economic advisory role for various mayors of Los Angeles, the California Department of Finance, and the California State Controller. He is past President of the National Association of Business Economics, Los Angeles Chapter and past Chairman of the Economic Advisory Council of the California Chamber of Commerce. He has a weekly real estate column in the Orange County Register and will continue to run his consulting business, KruegerEconomics.
"G.U. will play a key role in developing and execution of Aviara's investment strategies and we anticipate that he will add significant value to our business," said Mark Bernier, Aviara's Chief Executive Officer. He has a proven track record of predicting the ups and downs of the residential housing markets in the U.S. and his work has been recognized on many levels."Aviara is a fresh new company, which has a unique understanding of the symbiotic relationship between the housing needs of consumers and the vicissitudes of the economy. I am excited about contributing to this tech-savvy and eco-friendly endeavor", said GU Krueger. About AviaraAviara Residential Services, LLC is a regional integrated real estate investor and operator based out of Carlsbad, California. We offer solutions to consumers who have been adversely affected by recent economic conditions and who would like to own a beautiful home. Our Home Ownership Made Easy (H.O.M.E.) program provides our long-term renters with down payment assistance if they purchase one of our properties while the Aviara SmartHome program provides an eco—friendly lifestyle environment and advanced computer and telecommunications amenities. We were formed in 2012 by a group of industry professionals, and are in the process of launching a series of real estate investment funds, targeting institutional investors that will buy and manage a portfolio of single-family residential properties. For more information, visit www.aviarafunds.com or www.aviaraweb.com. Aviara Residential Services, LLCInvestors & Media: Mark R. Bernier, (619) 981-9701 firstname.lastname@example.org KruegerEconomicsMedia: G.U. Krueger, (323) 428-9461 email@example.com SOURCE Aviara Residential Services LLC
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