Avanath Capital Management, LLC, has acquired City View, a mixed-use, mixed-income property at 595 Church Street in Orlando, FL, for $62.5 million. Marcus and Millichap marketed the transaction.
Avanath Capital Management has announced the $62.5 million acquisition of City View, a mixed-use, mixed-income development in Orlando, Florida.
Private real estate investment firm Avanath Capital Management has acquired mixed-use, mixed-income City View in Orlando, Fla. The distinctive, 266-unit property, which features 24,865 square feet of retail space, changed hands for $62.5 million. Marcus & Millichap Affordable Housing Advisors marketed the transaction.
Avanath Capital Management has purchased City View, a mixed-use development located at 595 Church St. in Orlando, for $62.5 million. The buyer purchased the asset using a combination of its commingled fund equity and debt financing from JPMorgan Chase and Fannie Mae. Marcus & Millichap’s Affordable Housing Advisors division brokered the sale.
Avanath Capital Management, LLC, a private real estate investment management firm, announced the acquisition of City View, a mixed-use, mixed-income property located in Orlando for $62.5 million.
As real estate investors continue to ‘discover’ untapped potential in South Los Angeles, skyrocketing home prices and unsustainable rent growth have fueled legitimate concerns over displacement among long-time residents in the historically Black and Latino community.
Housing costs continue to rise and tax credits remain in short supply, yet the demand for affordable housing is greater than ever. In this free, informative webinar, industry leaders will share insights on how to make deals pencil in today’s tough financing environment.
Growing up in Detroit’s Core City neighborhood in the 1960s, Daryl Carter didn’t get away with much. Like his parents, about half of the adults in the community had migrated from the South. His father and uncles all worked in the car factories. Everyone knew everyone; they went to the same store, the same church.
Growing up in Detroit’s Core City neighborhood in the 1960s, Daryl Carter didn’t get away with much. Like his parents, about half of the adults in the community had migrated from the South. His father and uncles all worked in the car factories.
The Smart Agency