Avenue5 Residential Builds on Decade of Growth with Key Leadership Appointment
BISWIRE/Oct. 24, 2025 — As Avenue5 Residential continues to expand and strengthen its position in the multifamily industry, the company today announced that Jeff Krohn has been appointed Chief Operations Officer.
Krohn, who has served as Executive Vice President for the past four years, brings more than 20 years of multifamily leadership experience spanning property operations, client relations, and organizational strategy. Before joining Avenue5, he founded and led his own property management company, gaining firsthand experience building and scaling high-performing operations and client services.
In his new role, Krohn will oversee Avenue5’s operational strategy, performance initiatives, and service delivery across the company’s national portfolio. His appointment reflects Avenue5’s continued commitment to operational excellence, innovation, and long-term value creation for clients and residents.
“Jeff is a proven leader whose deep operational expertise and forward-thinking approach have contributed greatly to our success,” said Walt Smith, Chief Executive Officer of Avenue5 Residential. “His leadership will be instrumental in driving our continued growth and ensuring that we deliver exceptional performance and results across all aspects of our business.”
Krohn added, “I am honored to take on this role and continue advancing our strategies for operational excellence and client success. Avenue5’s mission, people, and momentum make this an exciting time to lead our teams in delivering even greater results.”
About Avenue5 Residential
Avenue5 Residential, a multifamily property management services firm, manages more than 150,000 apartment homes across 22 states and Washington, D.C. The company is ranked eighth among the top property managers on the NMHC Top 50 Managers List and has been recognized by multiple organizations as a top workplace. Avenue5 serves a wide range of institutional and private owners, investors, developers, and equity partners, providing comprehensive property management, asset optimization, and resident experience solutions designed to drive performance and enhance value.
For additional information, please visit www.Avenue5.com.
