Co-founder, Managing Principal, Investment Committee Member
Tony Avila is a co-founder and Managing Principal of Encore Housing Opportunity Funds and Rescore Property Corp, a family of $1.2 billion residential real estate private equity funds.
Encore's primary focus is developing master planned communities, subdivisions and urban residential projects in Florida, Texas, Arizona, and California.
is a private REIT
solely focused on developing new, urban apartments in tier one cities near downtown locations with a high "walk score.
is developing apartments in Florida, Texas, Arizona, and California.
Mr. Avila is also founder and Chief Executive Officer of Builder Advisor Group, a boutique investment banking firm that focuses on advising real estate and development companies on financial transactions including capital raising, debt restructuring and mergers and acquisitions.
Over the past 15 years, Mr. Avila has served as an advisor in over 50 homebuilding merger and acquisition transactions valued at over $6 billion in the aggregate and helped to raise approximately $10 billion in over 50 debt and equity issuances for publicly-traded and private apartment homebuilding and land development companies.
In 1999, Mr. Avila
represented the Irvine Company
in its acquisition of Irvine Apartment Communities
His experience in the housing sector began during the previous major recession when he worked from 1987 to 1989 at the Federal Home Loan Bank of San Francisco overseeing troubled, government-controlled savings and loans.
He joined Montgomery Securities in 1996, which was acquired by Banc of America Securities in 1998.
While at Banc of America Securities, Mr. Avila was an advisor to the Pebble Beach Company, helping to bring the Pebble Beach Resorts back to U.S. ownership.
In late 2001 through early 2002, he
advised D.R. Horton for the acquisition of Schuler Homes
, the second largest homebuilding acquisition in the U.S.
In 2002, Mr. Avila joined JMP Securities where he founded and lead the Homebuilding Investment Banking team for six years.
advised on the joint venture between The Carlyle Group
and Edward Andrews Homes and worked to establish a joint venture between GTIS Partners and LGI Homes.
Most recently, Mr. Avila
advised on the sale of Royal Oak Homes to AV Homes, the sale of Regent Homes to D.R. Horton, the sale of Citizen Homes to UCP Communities and the sale of an interest in Johnson Development to Tricon.
Mr. Avila is a graduate of the University of California, Berkeley.
He is a ULI member and active participant of the Community Development Council.
Mr. Avila is a board member of the Positive Coaching Alliance and is a member of the Finance Advisory Board for the Sisters of the Holy Family He has been a volunteer little league baseball coach for the past seven years.
personal family office, Mr. Avila
has owned and managed over 1,000 apartments and homes throughout the Bay Area.