Press releases & articles - April 2021

Impact Investor Avanath Places Large Emphasis on ESG
Connect California Commercial Real Estate News

Senior housing communities are strategically positioned to continue to perform even in pandemics because many residents’ incomes are derived from social security and pensions. With that in mind, Avanath Capital Management LLC recently acquired its second senior housing community in Orange County in less than 90 days, Overlook at Anaheim Hills in Anaheim Hills. The 261-unit mixed-income community was purchased for $87.5 million.

Avanath Capital Management Adds Another Orange County Community
SeniorCare Investor | Levin Associates

Private investment firm Avanath Capital Management made its second acquisition of the year in the senior apartments sector, adding another Orange County, California property to its roster. The deal included a 261-unit community in Anaheim that was built in 2001 with seven garden-style buildings.

Affordable Value-Add Multifamily Still Offers Strong Returns
GlobeSt.com

Even in a low-yield world, value-add, affordable multifamily is still producing solid returns.

“We’re able to generate value-add multifamily returns in the low to mid-teens,” Daryl Carter, CEO of Avanath Capital Management, said on CBRE’s “The Weekly Take” podcast. “The one thing about the affordable housing industry is the income is very stable.”

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