AVGI is a real estate investment firm that purchases opportunistic assets in New York as well as secondary and tertiary markets throughout the United States.
The firm currently has over $120 million of real estate holdings across 6 markets – Long Island, New York City, Houston, Little Rock, St. Louis, and Binghamton.
AVGI acquires physical assets that produce strong in-place income with the opportunity to optimize the property’s physical and financial condition. This strategy allows us to minimize risk and maximize upside.
We utilize our relationships in the capital markets to strategically refinance our properties and extract the majority of the investor equity faster than traditional real estate investments. This provides the opportunity to recycle the returned capital into our future pipeline deals
Any investment in an opportunity provided by AVGI generates true passive income while building equity. Investing in AVGI means that you’re not just investing in a real estate deal, but you’re investing in a company, its resources, and its $120 million track record. While we do all the work to maximize the value of your investment, all you have to do is collect your distribution.
Allon Avgi is the Founder and CEO of AVGI. Mr. Avgi started AVGI at 21 years old when he acquired his first real estate investment.
Mr. Avgi has since developed a real estate holdings company that has transacted on over $200,000,000 of real estate over the past 6 years. In late 2021, Allon opened the firm’s investments to outside capital and started to build strategic partnerships, tripling the company’s AUM in 2 years. He has ambitiously set a target to acquire and manage a $1 billion real estate portfolio over the next 5 years.
In his free time Allon loves reading, creating content for his social profiles, finding new art for his collection and envisioning the future. Allon is a strong believer in giving back, both to his alma mater, Hofstra University & Chabad Lubavitch.
Chris Wraback serves as the Director of Investments at AVGI. In this role, Mr. Wraback works jointly with the Acquisitions and Asset Management teams to oversee underwriting and due diligence guidelines, business plan preparation and execution, and communications with new and existing investors. Mr. Wraback is co-chair of the firm’s Investment Committee along with Mr. Avgi.
Prior to joining AVGI, Mr. Wraback was an investment associate for Besen Partners’ Principal Investments Team, where he underwrote and completed due diligence on more than $750 million of prospective acquisitions and advisory assignments. Prior to Besen, Mr. Wraback was an investment analyst at a family office based in Manhattan.
Mr. Wraback graduated from the Peter J. Tobin College of Business at St. John’s University with a Bachelor’s degree in Finance and a minor in Accounting. He was recently elected to the school’s Young Alumni Advisory Board and is a member of the Board of Directors for The Neibrhood, a social networking startup company.
Allen Boulos is the Director of Acquisitions for AVGI. In this role, he oversees a growing team of 5+ junior associates that build relationships with brokers and operating companies in all of AVGI’s target acquisition markets.
Mr. Boulos has been in the retail and hospitality industries for over 25 years, having owned and operated multiple restaurants and franchises during that span. After getting into real estate sales and leasing in 2017, Allen has sold over $250 million of retail and multifamily assets and has leased over 125 commercial units.
Allen resides in East Setauket, NY with his wife and two daughters.
Rob Pietrofere is a skilled and experienced Content Creator for AVGI. He first discovered his passion for photography at the young age of 17, and has been honing his craft ever since. Initially drawn to car photography, Rob has consistently sought to improve his skills and upgrade his equipment over the years. In recent times, he has also focused on capturing stunning images of real estate and personal figures.
As a Content Creator for AVGI, Rob is responsible for capturing the best moments of our team and properties. He brings a keen eye and a dedication to excellence to every project he works on, and his passion for photography shines through in every image he produces. Whether shooting candid shots of our team members at work, or capturing the beauty and elegance of our properties, Rob consistently produces stunning and professional photographs that help to tell our story.
Overall, Rob Pietrofere is a valuable member of the AVGI team, and we are proud to have him on board as our talented and dedicated Content Creator.
As the Vice President of Acquisitions at his investment firm, Matt has made a name for himself as a skilled dealmaker. With a keen eye for identifying promising investment opportunities, Matt is an expert at sourcing and underwriting deals, and his ability to work them through to the closing table has been instrumental in driving the success of the firm. Known for his strategic approach and tireless work ethic, Matt has helped the firm secure numerous lucrative deals, earning him the reputation as a top player in the industry. His dedication to delivering exceptional results has not gone unnoticed, and Matt continues to be a valuable asset to the company’s acquisitions team.