Company Performance Metrics
Michael Joseph: Managing Director, New Avenue FundPast Role: InvitedHome, CEO & Co-founder
Kevin Casey: Founder & CEO
We are a technology, investment management, architecture, and building company working to solve the housing and climate crisis. We turn old homes into net zero energy complexes of two or more homes that can be purchased by separate families.
We believe housing is the best way to impact the social, economic, and environmental challenges of our
lifetime. New Avenue turns single-family relics into all-electric complexes designed to improve lives.
Our Approach:
Social Design: It's not a home, it's a time machine! We practice holistic design where architecture extends beyond walls and property lines to include your personal finances, work, location, school and everything else that can improve your quality of life. We design a life that reduces time stuck in a car, on a bus, or working for someone else - and instead you can increase the time you have to invest in the activities and relationships they love.
Economic: We create homes that shift people from the solid state of fixed options to a fluid state of life where housing costs allow you to move to a place where you can think and feel right.
Environmental: We build new net zero energy homes that reduce your home's lifetime carbon production by over 90% - from 400 to 40 tons!
We combine technology, architecture, construction, legislation, and capital to solve the toughest development challenges in high-cost markets, providing people with the freedom to move. Starting in the most challenging areas around San Francisco, we've proven it's possible.
Our focus is socioeconomic. We take the adolescent single-family homes of yesteryear and advance them to a sophisticated, complex adulthood - where owning and renting is accessible to all.