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Irvine, CA-based Avanath Capital Management, LLC launched a new entity focused on new multifamily development opportunities. The group will initially be called Avanath Development, LLC and will be led by Jun Sakumoto (pictured), who was promoted from Avanath’s COO to President of the newly-formed division.
Avanath Capital Management, a private real estate investment manager and adviser, has launched a multifamily development company that will focus primarily on affordable housing.
Avanath Capital Management has launched a new entity focused on new multifamily development opportunities. The entity initially will be called Avanath Development and will be led by Jun Sakumoto, who has been promoted from Avanath’s COO to president of the newly formed entity.
Avanath Capital Management will be pursuing multifamily development for the first time with the launch of a new business line: Avanath Development.
There is a large map on a large computer screen on Daryl Carter’s desk that shows his company’s portfolio of nearly 10,000 apartments that stretch from the shores of California to the New York waters. In total, the properties are worth some $1.5 billion and what’s astonishing is that the units are what’s called “affordable housing” yet are lauded nationwide.
Daryl Carter receives an Honorable Mention for “Executive of the Year” and “Multifamily Property Executive of the Year.”
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has expanded its East Coast portfolio, acquiring two affordable properties in New York and Maryland for a combined total of $36.25 million.
Avanath Capital Management has expanded its East Coast portfolio, acquiring two affordable housing properties in New York and Maryland for a combined total of $36.3 million.
Avanath Capital Management, a private real estate investment manager, has expanded its East Coast portfolio, acquiring two affordable properties in New York City and Maryland for a combined total of $36.25 million.
Brower Group
Lexi Astfalk
949.438.6262
lastfalk@brower-group.com media@avanath.com