Avanath Development and Opportunity Assets Group have launched a qualified opportunity zone fund with a target raise of up to $300 million.
Press releases & articles - March 2019
Avanath Capital Management has completed a recapitalization of a portfolio of affordable multifamily assets formerly held by Avanath Affordable Housing I, Avanath’s inaugural fund (the Elevate Portfolio).
The bank’s real assets asset management arm has completed the recapitalization of Avanath Capital Management’s 2010-vintage fund.
The Swiss bank’s real assets asset management arm recently completed the recapitalization of Avanath Capital Management’s first fund.
Greysteel has assisted Osprey Property Cos. in selling Victoria Park at Edgewater, a 102-unit senior community in Edgewater, Md., for $11.3 million. The property offers independent living for residents age 62 years and over. Greysteel has also procured the buyer, Avanath Capital Management.
Irvine-based Avanath Capital Management LLC owns and operates about 9,500 apartments nationwide, including one of the country’s larger collection of affordable-housing complexes. None are locally-based — at least not yet.
IRVINE, CA — Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has launched a new entity focused on new multifamily development opportunities.