“While the secretary may have thought the applause was directed toward him, the loud cheer was about the strong admiration that NMHC members had for Sue Ansel,” remembers Avanath Capital Management chairman and CEO Daryl Carter, one of many multifamily executives who has worked closely with Ansel at NMHC and considers her a friend and a confidante. “Sue is simply one of the most delightful people in the apartment world.”
Press releases & articles - August 2024
A New York-based, upstart multifamily housing developer that entered the state nearly three years ago is preparing to bring its first Connecticut project online this fall, with several more in the pipeline as it faces some growing pains amid ambitious expansion plans. Vessel RE Holdings — an affiliate of Vessel Technologies — is nearly ready for tenants to occupy a five-story, 30-unit apartment building in New London.
As the high cost of borrowing has created hurdles for projects across many asset classes to get built and deals to get done, some in commercial real estate are taking a closer look at ways a public-private partnership, or P3, can help sidestep some of those challenges.
P3s have been able to speed up delivery of affordable units, said John Williams, president, chief investment officer and chief operating officer of Avanath Capital Management.
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