People - SEPTEMBER 9, 2014

Avanti founder passes away at the age of 74

by Andrea Waitrovich

Charles Schwartz, a co-founder of Avanti Properties Group, has passed away at the age of 74, succumbing to his battle with melanoma.

The firm released a statement noting, “the more important testaments to Charles manifest themselves not in the business he founded, but in the many whom he mentored, in the values that he taught and in the community that he loved.”

He is survived by his wife, Roz Fuchs Schwartz, his two sons and six grandchildren.

Schwartz was born on April 8, 1940, and lived in the Orlando area for the past 37 years.

Since its inception in the late 1970s, Avanti has become one of the nation’s largest and most successful investment firms dedicated exclusively to land investment, development and finance. Avanti's seven institutional funds — operating under the Avanti Strategic Land Investors banner since 1992, and capitalized by major endowments, foundations, pension plans, and private investors — have committed more than $1.25 billion to residential, commercial and industrial land in more than 25 of the fastest growing U.S. markets. Avanti is currently capitalizing its eighth fund, Avanti Strategic Land Investors VIII.

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