January 28, 2025
2025 Multifamily Outlook: Rising Optimism
Multifamily Executive
Several leading apartment companies plan to buy, sell, or start to build more apartments in 2025 than they have in years—with many planning to do all three. Many believe the time is finally right to commit to plans they have delayed for years. As 2025 begins, new renters had signed leases at hundreds of thousands of new apartments. A strong U.S. economy has avoided recession. Short-term interest rates have finally begun to drop, though long-term rates are still volatile. And the gap has finally begun to close between the prices many potential buyers have been willing to pay for apartment properties and the prices sellers have been willing to accept.
January 20, 2025
Avanath Jumps Into Modular Housing As Housing Shortage Threatens To Widen
Bisnow
A California affordable housing operator that for years has been focused on buying and preserving aging apartments as affordable and workforce housing properties is pivoting to something new as the housing shortage continues to roil major cities: building apartments in factories. Avanath Capital Management is partnering with New York-based modular construction firm Vessel Technologies to fund and build modular apartments in major markets like Boston, Los Angeles, New York City and Chicago. Avanath founder and CEO Daryl Carter told Bisnow his goal is to build 5,000 units within five years geared toward renters earning 80% of their area’s median income.
January 10, 2025
California People and Company News, Week of Jan. 10, 2025
Connect CRE
Avanath Capital Management, an industry-leading multifamily owner and operator focused on affordable and workforce housing, and Esusu, a pioneering company revolutionizing rent reporting and financial health solutions, announced the transformative outcomes of their partnership, offering on-time rent reporting to over 20,000 residents nationwide. The partnership has delivered measurable financial empowerment, with 63% of residents improving their credit scores and $162 million in financial access unlocked for renters.
