AssetAvenue Names New CEO

Los Angeles-based online real estate investment marketplace AssetAvenue said this morning that it has named Varun Pathria as its new CEO, and shifted founder and CEO David Manshoory to President. Pathria was most recently AssetAvenue's Chief Investment Officer, and previously had been at Colony Capital. Manshoory said the swap is aimed at how to move AssetAvenue forward and to help position the company for maximum growth.