Avanath Capital Management has acquired three affordable housing developments, adding 290 units to its existing portfolio of more than 10,000 units across the nation. The latest acquisitions involve two communities in Detroit and another in Orange City, Florida. […]
Company: Affordable Housing Finance
Bold Solutions Needed to Address the Affordability Crisis
Big ideas and out-of-the-box solutions are needed to solve the nation’s affordability crisis, according to industry leaders. “The biggest issue is the growing divide between the availability of resources and the need for affordable housing at the entire spectrum of the market, both on the homeless side and the missing middle,” Richard Gerwitz, co-head of […]
Avanath Capital Launches Multifamily Development Company
Avanath Capital Management, a private real estate investment manager and adviser, has launched a multifamily development company that will focus primarily on affordable housing. […]
Strength in Numbers
The AHF 50 owners hold more than 620,000 affordable housing units across the country. […]
Avanath Acquires Three Affordable Housing Developments in Brooklyn
The 46-unit portfolio was bought for $14.4 million. Avanath Capital Management has acquired an affordable housing portfolio of three apartment buildings in Brooklyn, N.Y. The properties were acquired in joint partnership with New York-based Oak Tree Management. […]