Avanath Capital Management partnered with a local rancher to remove brush surrounding The Terraces apartments in Escondido as an eco-friendly way to stay ahead of California wildfires and ensure the safety of residents.
Affordable housing has always been a stable investment asset through up and down economic cycles, but the pandemic has deepened demand and exacerbated supply constraints. The dynamic is pulling more investment capital to the market from both foreign and domestic investors.
“We have noticed that affordable housing tends to perform in times of economic uncertainty and in a growing economy,” John Williams, president and CIO at Avanath Capital Management, tells GlobeSt.com. “This is appealing to investors as it can act as a stabilizer in a portfolio and allow for diversification. Foreign and domestic investors alike continue to be attracted to US affordable housing for these reasons as it offers downside protection and is a durable investment option.”
Affordable housing developers in Central Texas use a variety of programs and incentives to bridge the
gaps between tax credit equity and construction costs.
Brower Group
Lexi Astfalk
949.438.6262
lastfalk@brower-group.com media@avanath.com