Business View Magazine May 2023

32 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 5 These days, corporate housing is unapologetically blurring the lines between rental and real estate market segments. And whether it’s the new pandemic paradigm increasing the demand for hybrid home/work spaces or a shift in the opportunities identified for profitable investment in real estate, this fluid category of fully furnished (and often serviced) temporary lodging is getting ready to boom as an attractive alternative to extended- stay hotels for executives, with much greater rental and lease flexibility. “We’re providing them with a more residential feel than a hotel,” remarks Angela Healy, CEO and Co-Owner of AvenueWest, a corporate housing management company specializing in move-in ready, month-to-month rental products. “AvenueWest’s niche is that we’re a franchise of real estate brokerages spread across the country, so we’re not only able to offer service apartments, but also homes, townhomes, condos, and any kind of larger property with more occupancy, maybe a fenced-in yard for the pets, or in a desired school district.” T AKING OME