November 26, 2019
Bold Solutions Needed to Address the Affordability Crisis
Affordable Housing Finance
Big ideas and out-of-the-box solutions are needed to solve the nation’s affordability crisis, according to industry leaders.
“The biggest issue is the growing divide between the availability of resources and the need for affordable housing at the entire spectrum of the market, both on the homeless side and the missing middle,” Richard Gerwitz, co-head of Citi Community Capital, told AHF Live attendees at the opening State of the Industry Power Panel.
November 25, 2019
Alexandria Affordable Apartments Trade for $53M
Commercial Observer
Avanath Capital Management has acquired Alexandria Station Apartments, a 290-unit affordable apartment community in Alexandria, Va. for $52.7 million, according to the company.
November 21, 2019
Avanath acquires two affordable communities totaling 578 units for nearly $100 million in Washington D.C. Metro and Orlando, Florida
Multihousing Pro
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased two affordable apartment communities with a combined total of 578 units in Alexandria, Virginia—a city in the Washington D.C. Metro area—and Orlando, Florida.
November 18, 2019
Avanath acquires two affordable communities totaling 578 units for nearly $100 million in Washington, DC and Orlando, FL
Done Deals
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased two affordable apartment communities with a combined total of 578 units in Alexandria, Virginia – a city in the Washington D.C. Metro area – and Orlando, Florida.
November 16, 2019
Avanath Acquires Two Affordable Communities Totaling 578 Units for Nearly $100 Million in Washington D.C. Metro and Orlando, Florida
Multifamily Biz
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased two affordable apartment communities with a combined total of 578 units in Alexandria, Virginia – a city in the Washington D.C. Metro area – and Orlando, Florida.
November 15, 2019
Avanath ploughs $100m into US affordable apartment communities
IPE Real Assets
Avanath Capital Management has invested $100m (€90.7m) in two US affordable apartment communities.
The real estate manager said it has bought the two communities with a combined total of 578 units in Alexandria, Virginia and Orlando, Florida.
November 15, 2019
Avanath Pays $52.68Mln for Apartments in Washington, D.C., Area
Commercial Real Estate Direct
Avanath Capital Management has paid $52.68 million, or $181,638/unit, for the 290-unit Alexandria Station Apartments in the Washington, D.C., suburb of Alexandria, Va.
The Irvine, Calif., investment manager bought the affordable-housing property from an affiliate of Foulger Pratt in a deal brokered by CBRE.
November 15, 2019
Avanath Capital Spends Nearly $100M on Orlando, Alexandria Multifamily Buys
GlobeSt.com
Avanath Capital Management, LLC of Irvine, CA has spent $99.175 million to add a total of 578 units to its multifamily portfolio with the purchase of the Brooke Commons apartment community in Orlando and the Alexandria Station Apartments in Alexandria, VA.
November 15, 2019
Avanath Purchases Two Affordable Housing Communities in Alexandria, Orlando for $99.2M
REBusiness Online
Avanath Capital Management LLC has purchased tow affordable housing communities for a combined $99.2 million. The first property, Alexandria Station Apartments, is located in Alexandria and sold for $52.7 million.
November 15, 2019
Avanath acquires two affordable apartment communities for $99m
Institute for Real Estate Operating Companies
Avanath Capital Management, a private real estate investment manager and registered investment adviser, has purchased two affordable apartment communities with a combined total of 578 units in Alexandria, Va., and Orlando.
