Avanath Capital Management LLC has acquired Rivers Senior, a 120-unit affordable seniors housing community in West Sacramento, for $19 million.
Irvine-based Avanath Capital Management LLC keeps finding properties it likes in the Sacramento region, the latest one an affordable apartment property for seniors in West Sacramento.
Irvine-based Avanath Capital Management LLC acquired a 120-unit affordable senior housing community in Sacramento for $19 million.
Avanath Capital Management LLC has acquired Rivers Senior, a 120-unit affordable seniors housing community in West Sacramento, for $19 million.
Avanath Capital Management announced it has acquired Rivers Senior, a 120-unit affordable senior housing community located in West Sacramento, Calif., for $19 million, according to Daryl Carter, chairman and CEO at Avanath’s Founder.
Avanath Capital Management LLC has acquired Rivers Senior, a 120-unit affordable senior housing community located at 705 Dorothy Adamo Lane in West Sacramento, for a total consideration of $19 mil ($158k/unit) in an off-market transaction.
Avanath Capital Management has purchased Rivers Senior, a 120-unit affordable senior housing community in West Sacramento, Calif., for $19 million. St. Anton Capital sold the property in an off-market transaction, according to Yardi Matrix data.
Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, acquired Rivers Senior, a 120-unit affordable seniors housing community in West Sacramento, California, for $19 million, or $158,300 per unit. The deal marks Avanath’s 19th acquisition in Northern California and its 13th property in the greater Sacramento area.
Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, acquired Rivers Senior, a 120-unit affordable senior housing community located in West Sacramento, for $19 million. The property, Avanath’s 13th in the Sacramento area, was acquired off-market from a seller with whom Avanath has completed numerous deals.
Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, announces that it has acquired Rivers Senior, a 120-unit affordable senior housing community located in West Sacramento, California, for a total consideration of $19 million (about $158,333 per unit), according to Avanath’s Founder, Chairman and CEO Daryl Carter.
The Smart Agency