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 $70 million of real estate holdings across 5 markets – Houston, St. Louis, Binghamton, New York City, and Long Island.
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 $70 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 diverse real estate holdings company that has reached $70,000,000 in AUM within only 4 years using his own capital and that of a select few individuals. As he starts to open the firm’s investments to outside capital and build strategic partnerships, 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 Investments Director at 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 $500 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 is on the school’s Young Alumni Advisory Board and is a member of the Board of Directors for a social networking startup company.