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SAN FRANCISCO-Avant Housing LLC, a new real estate venture ofAGI Capital, TMG Partners and the California Public EmployeesRetirement System has tapped as its first president Paul Nieto, whoin 2004 launched the San Diego office of TMG. Avant Housing waslaunched last fall with $100 million of equity to invest in thedevelopment of urban infill housing in California.
As president of the company, Nieto will oversee the acquisition,entitlements process, design, construction, marketing and sales ofall properties. Nieto will report to the board of directors whichis comprised of Michael Covarrubias and Cathy Greenwold of TMGPartners and Alexis Wong and Eric Tao of AGI Capital.
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