Multifamily landlords are feeling the burn of unfavorable perceptions of their industry.
Affordable and market-rate apartment CEOs speaking at the Bisnow Multifamily Annual Conference this week in Los Angeles agreed that their industry had an image problem.
Avanath Capital Management, LLC, a private real estate investment manager, announces it has acquired Ascent, a 168-unit multifamily apartment community for $58.1 million.
Avanath Capital Management paid $58.1 million, or $345,833/unit, for the 168-unit Ascent Apartments in Denver.
A Southern California investment firm is taking a location-first approach to its return to the Denver market, paying $58.1 million for an aging apartment complex near a far pricier neighborhood.
Commercial Real Estate Staff Report Avanath Capital Management has acquired the 168-unit Ascent Apartments in Denver.
MIG Real Estate has completed the disposition of Ascent Apartments, a garden-style multifamily property in Southwest Denver, to Avanath Capital Management. The price was not released.
Avanath Capital Management purchased Ascent Apartments, a 168-unit, garden-style apartment community in Southeast Denver. The property traded for $58.1 mil, or about $346k/unit.
As he watched interest rates continue to rise this year, Daryl Carter, CEO of private real estate investment management firm Avanath Capital Management decided to do a little investigating.
The Smart Agency