For roughly 70 years, Baldwin Village has been a vital source of workforce housing in Los Angeles. A naturally occurring affordable housing community, Baldwin Village had no affordability restrictions on its 669 units and was in danger of converting to higher-income apartments, displacing longtime residents. […]
Company: Affordable Housing Finance
Avanath Recognized as Top 50 Affordable Housing Owner in 2022
Avanath recognized as a top 50 affordable housing owner in 2022 by Affordable Housing Finance. […]
Avanath Recognized as Top 10 Company Completing Acquisitions in 2022
Avanath recognized as Affordable Housing Finance’s top 10 companies completing acquisitions in 2022. […]
Avanath Capital Management Buys Two Northern California Properties for $131.5 Million
Avanath Capital Management has acquired two low-income housing tax credit properties in the San Francisco Bay Area submarket of Novato for $131.5 million. […]
Avanath Acquires Mixed-Income Property, Expands Florida Presence
Avanath Capital Management has announced the $62.5 million acquisition of City View, a mixed-use, mixed-income development in Orlando, Florida. […]
Avanath Capital Management Buys Boston-Area Portfolio
Avanath Capital Management has expanded its reach in the Boston area with the acquisition of Logo Apartments, an affordable housing portfolio involving five different sites totaling 11 buildings and 73 units across Roxbury. […]
New Moves by AHF 50 Companies
FUND RAISING: Avanath Capital Management (No. 36 owner), which is focused on the acquisition and preservation of affordable and workforce housing, closed its fourth discretionary fund in 2020 with $760 million in equity commitments, above its original commitment target of $550 million. Nearly half of the fund was raised during the pandemic and featured several […]
New Moves by AHF 50 Companies
Avanath Capital Management (No. 36 owner), which is focused on the acquisition and preservation of affordable and workforce housing, closed its fourth discretionary fund in 2020 with $760 million in equity commitments, above its original commitment target of $550 million. Nearly half of the fund was raised during the pandemic and featured several foreign investors. […]
Top 50 Affordable Housing Owners of 2020
The results are in for Affordable Housing Finance’s “Top 50 Affordable Housing Owners of 2020” and Avanath keeps moving up. We are proud to be one of the nation’s leading investors in affordable housing. […]
Avanath Capital Management Acquires Two Affordable Properties
Avanath Capital Management has announced the acquisition of a senior affordable housing community located in Sterling, Virginia, and a historic affordable family community in San Jose, California, comprising 209 units in total. The properties were purchased for $44.65 million. The acquisitions represent the firm’s continued expansion into new markets as well as its ability to […]