Press releases & articles - September 2021

Why Affordable Housing Is No Longer a Niche Investment Strategy
Wealth Management Real Estate

As the U.S. faces an acute affordable housing crisis, it’s gaining in popularity among commercial real estate investors of all types. Some firms, however, have been playing in the sector longer than others and have had the time to learn some of the nuances of raising money for and investing in affordable housing.

Founded in 2007 by former National Multi Housing Council chairman Daryl Carter, Avanath Capital Management was one of the first investment firms to bring institutional capital into the affordable housing space. (The firm got its name from Carter’s children, Ava and Nathan.)

Avanath Acquires Affordable Housing and Retail Building in Berkeley

In August, Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, acquired Acton Courtyard, a 71-unit mixed-use Affordable housing community with 7,013 square feet of ground-floor retail, located in Berkeley, California. The transaction is Avanath’s ninth acquisition in Northern California and its second in the Oakland MSA.

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