Avenue5 Residential Risk Report

⚖️ Legal & Regulatory

Avenue5 Residential has been involved in several legal disputes that may affect its operational stability. Notably, these legal issues include lawsuits related to alleged collusion and rental price-fixing across different states. Such cases highlight potential legal compliance risks and regulatory scrutiny that Avenue5 could face, impacting its reputation and operations. It is crucial for the company to address these legal matters to mitigate further risks.

• Avenue5 Residential was mentioned in a lawsuit where landlords were accused of colluding to raise rents, seen in the Washington Post 🗓 January 8, 2025.
• The D.C. Attorney General sued 14 major landlords, including Avenue5, for allegedly inflating rental prices 🗓 November 1, 2023.
• Arizona landlords, including those associated with Avenue5, were sued by the AG for alleged market corruption and keeping rents high 🗓 February 28, 2024.
• Sacramento residents filed a lawsuit against property owners, which could include Avenue5 Residential-managed complexes, for misconduct 🗓 January 25, 2024.

🎖️ Awards & Recognition

Despite legal challenges, Avenue5 Residential has gained recognition in the real estate industry for its growth and influence. The company has repeatedly been acknowledged as one of the fastest-growing private firms in Washington state, showcasing its robust business expansion and leadership in property management.

• Avenue5 Residential was named one of the fastest-growing private companies in Washington state for the second consecutive year 🗓 November 27, 2018.
• The company was again recognized for its rapid growth by the Puget Sound Business Journal 🗓 November 2, 2017.