When BlackRock CEO Larry Fink called climate change an “existential crisis” in an open letter to CEOs at the beginning of the year, it was clear that the investment industry was taking a serious approach to energy efficiency.
Avanath Capital Management has completed the acquisition of Arbors at Cary, a 248-unit affordable housing community in Cary, North Carolina.
With the untimely passing of AAREP LA’s president, William “Bill” Yarbro, the organization has undergone a leadership change. Kimberly Brown, Managing Director, Cushman & Wakefield will take the helm alongside industry veteran Troy Jenkins, Principal and Director of Investment management, Avison Young.
Over the last several years, capital flows into ESG-focused investments have rapidly increased. This is a trend that has been accelerated by the pandemic, as well as the rising social injustice and civil unrest that has been brought to light over the last few years.
Avanath Capital Management, LLC, a private real estate investment manager, and the International WELL Building Institute (IWBI), the leading authority for transforming health and well-being with its people-first approach to buildings, organizations and communities, announced today that Avanath has become one of the first affordable housing owners to achieve the WELL Health-Safety Rating for Facility Operations and Management across its portfolio of more than 13,500 multifamily residential units nationwide.
The Smart Agency