Tony Avila is the founder of Avila Real Estate Capital and a co-founder and Managing Principal of Encore Capital Management, sitting on the Investment Committees of its three funds and apartment REIT ("Rescore"). Mr. Avila has managed over $1 billion in equity and $2 billion in assets under management. He has overseen the acquisition and realization of 20 residential real estate projects on the West Coast. Mr. Avila has originated over $3 billion in real estate loans including $800 million in residential land mortgages over the past year. Mr. Avila is also founder and Chief Executive Officer of Builder Advisor Group, a boutique investment banking firm that focuses on advising residential real estate and land development companies on financial transactions including capital raising, debt restructuring and mergers and acquisitions. Prior to becoming a Chief Executive Officer and Founder, Mr. Avila served as head of Homebuilding Investment Banking at Bank of America Securities from 1998 to 2002. Mr. Avila is a member of the Urban Land Institute and sits on the Community Development Council. He graduated from U.C. Berkeley in 1987. He is an avid marathoner and triathlete and competed in the Ironman World Championship in Kona, Hawaii.