August 27, 2018
PERE firms turn an eye to Opportunity Zones
PERE
The new US program to spur investment in certain struggling areas offers significant opportunity for the right investors, industry observers said.
Press releases & articles - August 2018
August 27, 2018
Middle-Class Misery: Housing Crisis Hitting Cities, Working Americans Harder Than Ever Before
Bisnow
Ten years after the Great Recession roiled the global financial system and sent the American economy into a tailspin, the U.S. has roared back to boast an unemployment rate below 4% — a figure not seen since the 1960s.
August 27, 2018
Inc. 5000 2018: The Full List
Inc. 500
Our annual ranking of the fastest-growing private companies in America.
August 24, 2018
Avanath Capital Management Acquires 240-Unit Affordable Community in Edison, New Jersey
Seniors Housing Business
EDISON, N.J. — Avanath Capital Management has acquired Menlo Manor, a 240-unit affordable senior housing community in Edison, for an undisclosed price.
August 23, 2018
Affordable Housing: A Safe Investment in Unpredictable Times
Multi-Housing News
Avanath Capital Management’s John Williams and Jun Sakumoto explain why affordable housing properties should be seen as opportunities to produce consistent returns. The two executives also revealed their expectations regarding the sector going forward.
August 23, 2018
Avanath Capital Management Acquires 240-Unit Seniors Housing Community in Edison, New Jersey
REBusiness Online
EDISON, N.J. — Avanath Capital Management has acquired Menlo Manor, a 240-unit affordable senior housing community in Edison. Avanath acquired the property through its institutional fund, Avanath Affordable Housing III. The five-story property was built in 1980 and features a community room, exterior courtyard, library, dining area, community kitchen and automatic front doors. Located at 161 Inman Ave., the community includes a mix of studios, one-, and two-bedroom units. Alex Medeiros of CBRE represented the seller, Jeff Spragens.
August 23, 2018
Avanath Capital Management Acquires 240-Unit Seniors Housing Community in Edison, New Jersey
CRE Firms
EDISON, N.J. — Avanath Capital Management has acquired Menlo Manor, a 240-unit affordable senior housing community in Edison. Avanath acquired the property through its institutional fund, Avanath Affordable Housing III. The five-story property was built in 1980 and features a community room, exterior courtyard, library, dining area, community kitchen and automatic front doors. Located at 161 Inman Ave., the community includes a mix of studios, one-, and two-bedroom units. Alex Medeiros of CBRE represented the seller, Jeff Spragens.
August 17, 2018
Avanath Capital Expands East Coast Footprint With 273 Affordable Properties In NJ and FL
GlobeSt
Both New Jersey and Florida are undergoing rapid economic growth and expansion, as well as experiencing significant population gains, says John Williams, president of Avanath, leading to increased demand for affordable housing options across both states.
August 14, 2018
Avanath Capital Management acquires second New Jersey property
Real Assets Advisor
Avanath Capital Management has acquired two affordable multifamily properties totaling 273 units for a combined total of $29.36 million.
August 7, 2018
Avanath Capital Expands East Coast Footprint
Connect Media
Avanath Capital Management, LLC acquired two affordable multifamily properties totaling 273 units for $29.36 million. The assets include Menlo Manor (pictured), a 240-unit affordable senior housing community in New Jersey, and Coral Ridge Isles, a 33-unit workforce housing community in Florida. Both properties were acquired through Avanath’s institutional fund, Avanath Affordable Housing III.
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