Business View Magazine May 2023

33 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 5 Although corporations make up their traditional clientele, AvenueWest also sees movement with insurance companies, personal travel, and during that interim period between the sale of a home and the purchase of the next one. “Maybe it’s an insurance claim where someone’s had a flood or a fire and they’re going to need a property for a longer term,” Healy notes. “It could also be someone building or buying a new home and the home isn’t ready, so they need a transition home. We also see clients in the vein of travelers or individuals who want temporary housing arrangements to suit their work- anywhere lifestyle. The only requirement is that they sign a minimum 30-day lease agreement.” When vital first responders and medical industry folks were asked to relocate to assist with public health emergencies during the pandemic, AvenueWest was able to offer temporary housing solutions and help reduce public health and emergency response costs. “There were definitely a lot of protocols that were put in place that shook up the whole corporate housing world in terms of how to prepare those corporate units and houses to be guest-ready,” recalls Brit Bemis, Executive Vice President of Sales and Marketing. “And yet, there was actually quite a bit of entertainment business still happening in certain markets. Boston, for instance, never shut down for production companies coming in.” Another Covid trend deserving honorable mention was that of corporations reaching out to employees who were trying to move out of vulnerable cities “Whether it was for the executives personally, or for their families, we were able to accommodate those employees during that critical time frame,” Healy shares. “The other thing we saw was the companies themselves relocating their headquarters. A lot of folks from California were moving to Arizona, Texas, and Colorado. You saw that inward movement from both coasts, with businesses choosing more suitable areas, to give their employees a better life.” AVENUEWEST Brit Bemis Executive VP of Sales and Marketing Angela Healy CEO and Co-Owner of AvenueWest