Press releases & articles - October 2024

Launched in 2022, the Acclaim at Baldwin Village team at Avanath Capital Management has been an example of what is possible in the affordable and workforce housing space even in one of the country’s most unaffordable markets. Acclaim at Baldwin Village is a 669-unit multifamily community in Los Angeles that was built seven decades ago. The community has been home to multiple generations who have recently found themselves priced out of the market due to potential conversion of the asset into higher-priced market-rate units. Avanath invested in the property in 2022 in partnership with the Housing Authority of the City of Los Angeles and Kaiser Permanente.