Avanath Capital News Today

Several industry leaders share their insights for this year, taking a deep dive into affordable housing trends in 2024.

Avanath Capital Management has purchased Rivers Senior, a 120-unit affordable senior housing community in West Sacramento, Calif.

Avanath Capital Management has acquired a 256-unit mixed-use community in Chicago. The partially affordable asset traded for $119 million.

Affordable housing in California has become increasingly difficult to develop in recent years in a state where there is a significant lack of it. Two developers speak to the barriers to development in Southern California.

The new ownership has plans for strategic improvements and programming for the 297-unit 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...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired its 100th asset: a mixed-use portfolio containing two multifamily properties with ground-floor retail space in Brooklyn, New York, for $315 million. The portfolio, comprising 601 Affordable and market-rate residential and commercial units, qualifies for New...

WASHINGTON DC - Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired 2M Street Apartments, a 315-unit high rise apartment community in Washington D.C. The mixed-income apartment tower located north of the Capitol Building and two blocks from the NoMa-Gallaudet U Red Line Metro station was acquired for $103.5 million. “The Washington D.C. metro has continued to perform over the last several years and is positioned for...

NEW YORK, NY - Greystone, a leading national commercial real estate finance firm, has provided a $39,060,000 Fannie Mae DUS loan for the acquisition of an affordable housing property in Corona, California, on behalf of Avanath Capital. The property was represented for sale by Aaron Hargrove and Eric Taylor of Greystone Real Estate Advisors, and the buyer’s financing was originated by Jeff Englund of Greystone. The Fannie Mae Multifamily Affordable Housing (MAH) acquisition loan for River.....

Capital Markets Remain More than Willing to Finance Multifamily Deals Even with Fannie and Freddie planning to scale back on multifamily loans, other lenders are ready to pick up market share. Investors are rushing to buy apartment properties—with a lot of help from lenders willing to finance their deals. Freddie Mac and Fannie Mae lenders remain eager to lend money to investors buying properties—at historically low interest rates. “There is an enormous amount of capital,” says...