Carrying The Rock With Steve Vecchitto
Episode 789 | 10.09.24
In this episode of Fried On Business, Jim Fried sits down with South Florida real estate veteran Steve Vecchitto, founder of Avenir. They dive deep into multifamily real estate investing, Avenir’s unique culture, and the importance of long-term relationships in business. Steve shares his insights on sustainable housing, his team-first philosophy, and why he prioritizes high-net-worth investors over institutional capital. Tune in for a conversation that blends real estate expertise, mentorship, and a vision for building community-driven projects.
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About Our Guest:
Stephen L. Vecchitto
Founder and Managing Director
Advenir, Inc
Stephen Vecchitto founded Advenir, Inc in 1996 and is its Managing Director. Advenir is a multi-family real estate investment, development and management company. Advenir currently controls and owns jointly with investors over 13,000 plus units, valued in excess of $3.3B of real estate assets in Florida, Texas, Colorado, Alabama, Georgia and the Carolinas, and generates $230M+ in annual revenue. The Company has over 400 employees, is based in Miami, Florida, and has offices in Atlanta, Houston, Denver and Orlando.
Mr. Vecchitto was the founder of VSM, LLC; a Hartford based Certified Public Accounting and financial services firm. The firm grew to 40 professionals and became the fifth largest private firm in Hartford. While at the firm Mr. Vecchitto was the Managing Partner, created and grew the litigation support division, concentrated on mergers and acquisitions, became certified as a Certified Fraud Examiner, and an Accredited Member of the Association of Appraisers – Business Valuation concentration. He was qualified to testify as an expert in both State and Federal courts. Mr. Vecchitto sold the Firm in 1996.
Stephen continues to be a strategic advisor to businesses and high net worth individuals.
Mr. Vecchitto dedicates much of his spare time and is very active in the business community at large and philanthropy. He is an Associate Board of Director for Apartment Life, participates on the Advisory Board of City-to-City Miami, and is a Cornerstone Member of Make-A-Wish Foundation in South Florida.
He is the father of two daughters and the proud grandfather of six grandchildren who all live in Hawaii.
