BRIDGE Housing and Avanath Communities announce the creation of Brighthaven Communities, a jointly-owned property management company that will provide industry-leading services to affordable and workforce multifamily housing communities nationwide. With a portfolio totaling approximately 30,000 units, the new company will immediately be among the top 10 residential property managers of affordable and workforce housing in the country.
Press releases & articles - September 2025
Industry leaders BRIDGE Housing and Avanath Communities are partnering on a jointly owned property management company that will serve affordable and workforce multifamily housing communities nationwide. With a portfolio of approximately 30,000 units, the new company, Brighthaven Communities, ranks among the top property management companies for the sector in the U.S.
BRIDGE Housing and Avanath Communities announce the creation of Brighthaven Communities, a jointly-owned property management company that will provide industry-leading services to affordable and workforce multifamily housing communities nationwide. With a portfolio totaling approximately 30,000 units, the new company will immediately be among the top 10 residential property managers of affordable and workforce housing in the country.
BRIDGE Housing and Avanath Communities have launched Brighthaven Communities, a jointly owned property management company that will provide services to affordable and workforce multifamily housing communities nationally. With a portfolio totaling approximately 30,000 units across 15 states, the new company will immediately be among the top 10 property managers of affordable and workforce housing in the country.
Technology and artificial intelligence are reshaping every corner of private equity, including fund managers’ back offices. While AI offers clear benefits, many CFOs remain cautious about adopting it in their workflows.
Industry leaders BRIDGE Housing and Avanath Communities are partnering on a jointly owned property management company that will serve affordable and workforce multifamily housing communities nationwide. With a portfolio of approximately 30,000 units, the new company, Brighthaven Communities, ranks among the top property management companies for the sector in the U.S.
BRIDGE Housing and Avanath Communities announce the creation of Brighthaven Communities, a jointly-owned property management company that will provide industry-leading services to affordable and workforce multifamily housing communities nationwide. With a portfolio totaling approximately 30,000 units, the new company will immediately be among the top 10 residential property managers of affordable and workforce housing in the country.
With its ability to cut time-consuming routine tasks, expedite workflows and save costs, advances in artificial intelligence dominate any conversation about back-office technology: what AI can do, what it can’t, its potential and, of course, the risks. But, when it comes to adopting AI, does the hype match reality: is it really all about AI? The answer seems to be, yes. But also, no.
Avanath Capital Management, led by CEO and Chairman Daryl J. Carter, delivers on its mission to provide affordable and workforce housing while fostering a positive, supportive culture for its more than 450 employees. Recognized as a Certified™ Great Place to Work® with 87% employee approval, Avanath excels at welcoming team members’ perspectives and championing internal advancement. Key programs include the Annual Leadership Conference, the Avanath Academy for online training, Employee Resource Groups, company awards, and dedicated intranet and podcasts for connection and learning.
Management companies and capital groups are working to keep rents affordable for Californians who make at or below the area median income (AMI). This allows these residents to stay in place, often in cities and neighborhoods where they have lived and worked for years, sometimes where their families have lived for generations. Namely, Avanath Capital Management has secured affordability restrictions at one of its owned and managed multifamily communities in Long Beach, California. The Irvine-based multifamily owner and operator, which primarily focuses on affordable and workforce housing, executed an affordable conversion of units that were previously market-rate at Seaport Village on 5601 Paramount Blvd.
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