Avanath Capital Expands Presence in NorCal With $182 Million Acquisition of Affordable Housing Multifamily Portfolio
SACRAMENTO, CA – Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, announces it has acquired in an off-market transaction, six affordable family and senior multifamily communities in the Sacramento, California, metropolitan area with an investment value of more than $181.6 million. The acquisition expands Avanath’s presence in the Northern California market, a region where accessibility to affordable housing has become...
Source: multifamilybiz.com