Our Team at Avenida Partners, LLC

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
Managing Partner at Avenida Partners, LLC
Bob is responsible for the implementation of the strategic business plan for Avenida. As founding partner of Avenida Partners, Bob brings over 35 years of experience in the development industry, covering multiple market cycles and a wide spectrum of locations and property types, including both for-sale and rental projects, in-fill entitlements and land development. Senior and age-targeted product lines have included multi-story podium projects, stick built center-hall designs, and clustered low density planned developments. Bob is directly involved in each step of the development process including site selection, municipal entitlement approvals, design, construction, marketing/lease-up, and financing of the projects.
Current and past institutional and private equity capital partners have included The Carlyle Group, Istar, CalPERS, Hurst Holdings, Wells Fargo Capital Markets, Strand Capital, Lennar Corp., and Canyon Capital Advisors.
Bob is a graduate of the University of Southern California. Since 2003, he has served on the Board of Huntington Medical Research Institutes, a collective of 9 bio-medical laboratories conducting early stage research and investigation of causes and cures for some of today’s most troubling medical challenges. He has also been past committee chairman of Foothill Family Services, which provides counseling, shelter, and representation to victims and at-risk families of abuse and domestic violence.
RMay@AvenidaPartners.com | P: 949-298-4540 | C: 626-533-9842


Peter Belcher | Partner, Chief Financial Officer
Chief Financial Officer at Avenida Partners, LLCPete brings over 25 years of development industry experience to Avenida’s management team. As CFO, Pete provides management and oversight of finance, accounting, property leasing and operations, risk management, and corporate governance. His expertise includes financial and operational modeling, forecasting, and P&L reporting, as well as oversight of the day-to-day operations. Pete brings a highly valued and unique perspective to the disciplines of finance and cost controls based on his earlier career experiences as a full-scope project manager responsible for both entitlements and construction management. Pete is a key member of the Executive Committee and a member of the Executive, Land, Investment, and Operations committees. A former tri-athlete and avid world-traveler, Pete brings his high level of enthusiasm and dedication to all aspects of his important role as CFO.
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
Chief Operating Officer at Avenida Partners, LLCAs COO for Avenida Partners, Kimberly is responsible for the development and implementation of strategic operating plans for the company and guides the team in maintaining effective business processes and cross functional communication. She leads asset management and operations, as well as over-sight of leasing and marketing. Kim’s passion for organizational efficiency creates a culture of accountability and high performance while also creating a rewarding and enjoyable work environment for all associates. Kimberly has more than 25 years of experience in the senior housing industry with more than 15 years in leadership positions in Marketing, Human Resources, Operations, Accounting, and Finance. In these roles she has crossed the spectrum of senior housing product types including active adult/55+, independent living, and higher levels of care including full service and entry fee CCRCs.
Kimberly earned her B.S. degree in Human Resource management from Friends University in Wichita, KS and an MBA from Baker University in Baldwin City, Kansas. She previously served as a member of the NIC Owner Operator Advisory Board. She is an avid photographer and is actively involved with environmental protection initiatives.
Michael R. Murphy | Partner, Senior Vice President - Construction and Development
Managing Partner at Avenida Partners, LLC
Senior Vice President, Construction and Development Avenida Partners, LLCMichael brings over 20 years of experience in real estate construction, development, and consulting. He has built a successful residential and commercial real estate career, leading organizations, people, and projects. Recently, multifamily senior housing has become his driving concern. During his career, Michael’s experience in multifamily housing has included garden, wrap, mid-rise, and high-rise—from affordable to luxury and infill to master-planned. Michael began his real estate career working exclusively within designated revitalization zones and partnering with H.U.D. and City redevelopment agencies. He has been successful across multiple platforms and industries—working with large national builders and real estate investment firms, and also operating his own company—driving the implementation of sustainable operating policies and practices while leading high aspiration organizations, regional banks, and office REIT's toward increased financial performance, enhanced employee attraction and retention, and improved brand reputation.
Michael holds a Master of Business Administration from the Peter F. Drucker Graduate School of Management, as well as a Bachelor of Arts from the University of California at Irvine. He is both a licensed General Contractor and Real Estate Broker, and he holds a LEED AP O&M Certification.
MMurphy@AvenidaPartners.com | P: 949-662-6604 | C: 949-892-0864
Matthew May | Partner
Managing Partner at Avenida Partners, LLC
As Partner, Matt has responsibility over much of Avenida’s activity including land acquisition, market and site selection, underwriting, contract negotiation, design, financing and capitalization, marketing and lease-up, asset management, and investor relations. Additionally, Matt works directly with the Managing Partner, CFO, and COO in formulating and driving forward the strategic vision of the organization.

Matt earned his interdisciplinary B.A. in Political Science and Economics as well as a minor in Entrepreneurship from Loyola University Maryland.

MMay@AvenidaPartners.com | P: 626-372-7586

Karen Peel | Vice President - Community Launch
Managing Partner at Avenida Partners, LLC
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, AIA | Director of Design and Development
Managing Partner at Avenida Partners, LLC
Lori brings over 20 years of experience in architecture and development to enhancing the communities she serves in. As Director of Design and Development for Avenida Partners, she is responsible for driving all projects to entitlement and documentation with timeless design, functionality, programming and efficiency. Lori’s career reflects a broad range of development typologies, from community streetscapes to mid-rise podiums and from new mixed-use lifestyle centers to downtown high rises. She specializes in mixed-use and residential projects and is agile in observing and adapting to the diverse regulatory, cultural and environmental conditions encountered in pursuit of a national development portfolio.
Lori earned her Bachelor of Science in Architecture from Washington University in Saint Louis and Master of Real Estate Development from the University of Arizona. She is a licensed Architect in the State of Illinois and member of the American Institute of Architects and Urban Land Institute. As chair of ULI-LA’s UrbanPlan Committee she volunteers to empower students, public officials, and community stakeholders with a holistic understanding of the facets of the real estate development process that form the world around them.
Curtis W. Smith, CPA | Senior Controller
Managing Partner at Avenida Partners, LLC
Curtis has over 30 years of diverse real estate industry experience, including development, property management, homebuilding, multi-family, and affordable housing. As Senior Controller, Curtis oversees all aspects of accounting, internal controls, and financial reporting. His experience in accounting processes and procedures, brings an expertise to ensure best financial and accounting practices to equipment management with quality information for decision making. In previous firms, Curtis has held key positions at WNC & Associates, Nation Community -Renaissance, Standard Pacific Homes, Shea Homes, Sares-Regis Group, and MBK Real Estate.
Curtis graduated from California State University, Long Beach with a Bachelor of Arts in Business administration with an emphasis in Accounting. He obtained his CPA while working at Kenneth Leventhal & Company.
CSmith@AvenidaPartners.com | P: 949-438-2551

Cheri Moshier | Accounting Manager
Managing Partner at Avenida Partners, LLC
With over 30 years of real estate development and construction accounting experience, Cheri oversees financial accounting, accounts payable, cash disbursements, and payroll. Cheri has worked for a variety of real estate development companies and construction contractors, bringing a seasoned understanding of job-cost reports, insurance requirements, lien law compliance and audit.
CMoshier@AvenidaPartners.com | P: 949-355-7484

Courtney Keith | Corporate Operations Specialist
Managing Partner at Avenida Partners, LLC
As Corporate Operations Specialist, Courtney works closely with Avenida Partners' Vice President of Operations to support our national portfolio of Active Adult communities. She has extensive knowledge in real estate accounting and operations from her experiences working with the Irvine Company in Orange County, California, and VEREIT in Austin, Texas. Courtney has a Bachelor of Science in Business Administration with a minor in Psychology from the University of Southern California.
CKeith@AvenidaPartners.com | P: 949-662-6606



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.