January 29, 2026
Avanath Acquires Mixed-Income Orlando Rental Community for $73.5 Million
CRE MARKETBEAT
Avanath Capital Management has acquired Retreat at Valencia, a 336-unit mixed-income apartment community located near downtown Orlando, for $73.5 million. This purchase represents the firm’s seventh investment in the Orlando market. As part of its commitment to affordable housing, Avanath plans to maintain income restrictions on half of the units for renters earning 60% or less of the area median income (AMI). The remaining units will be operated at market rates. In addition, the firm will implement a variety of resident-focused amenities and services, including financial counseling programs, health and wellness initiatives, and community-driven activities tailored to residents’ needs.
January 29, 2026
Avanath Pays $73.5M for Mixed-Income Orlando Rental Community
Connect CRE
Avanath Capital Management acquired Retreat at Valencia, a 336-unit mixed-income apartment community near downtown Orlando. The property was acquired for $73.5 million and marks the firm’s seventh investment in the Orlando market. As part of its investment strategy, the firm plans to maintain income restrictions on half of the units for renters earning 60% or less of the area median income (AMI) and operate the remaining units at market rates.
January 28, 2026
Avanath Buys Orlando Mixed-Income Community for $73.5 Million
Multifamily & Affordable Housing Business
ORLANDO, FLA. — Avanath Capital Management has acquired Retreat at Valencia in Orlando from an undisclosed seller for $73.5 million. The Irvine, California-based affordable housing investment firm will reserve one half of the property’s 336 units for families earning up to 60 percent of area median income. The remaining 168 units will be rented at market rates. Avanath also plans to provide financial counseling programs, health and wellness initiatives and resident activities and events. Retreat at Valencia was built in 2001 and is comprised of one-, two-, three- and four-bedroom units. Amenities include a pool, a fitness center, a volleyball court and two playgrounds.
January 26, 2026
Avanath Capital Acquires $73.5M Mixed-Income Housing Community In Greater Orlando; Expands Florida Portfolio With Seventh Community
CityBiz
Avanath Capital Management LLC, an Irvine-based multifamily owner and operator that primarily focuses on affordable and workforce housing, announces the successful acquisition of Retreat at Valencia, 336-unit mixed-income apartment community near downtown Orlando. The property was acquired for $73.5 million and marks the firm’s seventh investment in the Orlando market. The strategic investment reinforces Avanath’s long-term commitment to expanding access to quality, affordable housing in high-growth regions.
January 20, 2026
Raising permanent capital to keep housing affordable, permanently
ImpactAlpha
Daryl Carter was a Los Angeles Clippers fan long before Steve Ballmer bought the basketball team. Carter’s seats near the Clippers’ bench were just down from Ballmer’s, the former Microsoft chief executive with a net worth of more than $140 billion. The two soon bonded as sons of Detroit and the auto industry. Carter, founder and CEO of Avanath Capital Management, an affordable housing investor and operator with about $4 billion under management, took Ballmer and his wife, Connie, to tour Baldwin Village, the 669-unit apartment complex Avanath bought three years ago. He says the property, which appears in the Denzel Washington crime thriller, “Training Day,”“is not as menacing as its looks in the movie.”
