
About Avenida Partners
Avenida Partners is a national real estate development firm with offices in Newport Beach, California, and Nashville, Tennessee. The award-winning Avenida team specializes in the development of vibrant active adult communities that are thoughtfully designed and expertly constructed for the new generation of seniors. At Avenida communities, we bring together all the things that matter most to our residents to create a home that promotes a healthy, active, and engaged lifestyle. Each community reflects the unique architecture of the neighborhood in which it is built, while also featuring a robust mix of amenities, services, and conveniences.
Avenida Partners' highly personal approach results in an inviting and connected experience—one of trust, kindness, and genuine friendship. We are proud to offer a uniquely warm and fulfilling atmosphere to live and work. It’s the right place at the right time with the right people—and most importantly, for the right reasons.
Our Team
The Avenida Partners team of experienced professionals is dedicated to providing the “right home fit” for today’s active seniors.
Robert D. May | Managing Partner

Peter Belcher | Partner, Chief Financial Officer

Pete is a graduate of the University of Southern California and holds an MBA from the University of California, Irvine. He has also been a guest lecturer in real estate finance at Chapman University.
PBelcher@AvenidaPartners.com | P: 949-357-1430
Kimberly Hynek | Partner, Chief Operating Officer

Michael R. Murphy | Partner, Senior Vice President - Construction and Development

Matthew May | Partner, Vice President - Real Estate

Karen Peel | Vice President - Community Launch

Karen Peel has over 20 years of professional experience in design, operations, and marketing of upscale senior living projects. Her unique expertise in design, development and operations of state of the art senior living communities makes her a key leader on our Avenida Product Development team. Karen’s focus is to ensure community design and operations are implemented with high standards of excellence and to exceed customer expectations in each market we serve.
Karen directs the work of interior and exterior design consultants. With her combined expertise, she leads the building launch from inception through opening to ensure the efficient and effective implementation of Avenida operational systems and processes. She works closely with the entire team to ensure timely and high quality completion of our new communities.
KPeel@AvenidaPartners.com | C: 972-679-4499
Lori Summers | Development and Design Manager

Curtis W. Smith, CPA | Senior Controller

Cheri Moshier | Accounting Manager

Courtney Keith | Corporate Operations Specialist


Avenida projects are conservatively capitalized to ensure consistent and predictable financial performance. Our investment partners are nationally and internationally recognized as responsible and experience real estate investors who partner with best-in-class developer-operators. Along with each investment partner, Avenida co-invests for an absolute alignment of interests.
Investment partners have included both institutional and private capital partners, including The Carlyle Group, iSTAR, Passco Companies, California Public Employees Retirement System (CalPERS), and Township Capital.
If you are interested in partnering with Avenida, please contact us.