While interest in affordable housing in the United States has been increasing among institutional investors over the last several years, the term is often misunderstood. As demand grows, affordable housing itself has become somewhat nebulous, often used to describe a variety of asset classes with different characteristics.
Property management veteran Carly Stevenson joins MHN’s Laura Calugar for a conversation about her mission and deep convictions. Because her parents taught her early on how important it was to have a stable job with a stable income, Carly Stevenson went to nursing school with the intent to follow in her mother’s footsteps. But she soon realized that she wasn’t cut out for that craft. One day, after a fortuitous encounter with an old friend, she took an interest in apartment leasing and that’s when her 20-year career in real estate began.
Troy S. Jenkins has been named senior vice president, investor relations, at Avanath Capital Management, an Irvine, California-based company focused on affordable and workforce housing. Jenkins will lead capital-raising initiatives for Avanath’s affordable housing, development, and debt funds while fostering relationships with institutional investors and consultants.
Solutions to the severe and seemingly intractable shortage of affordable housing, particularly for extremely low-income households and those at risk of homelessness, are scant. A 2024 report from the National Low Income Housing Coalition identified a shortage of 7.3 million affordable rental homes in the United States. One promising option: converting market-rate multifamily properties to affordable housing.
For 18 years, the Orange County Business Journal’s CFO of the Year Awards has celebrated the outstanding financial stewards who drive success in our business community. This year we highlight 76 remarkable nominees, showcasing their leadership, strategic expertise, and contributions to their organizations.
Avanath Capital Management is deeply honored to receive the Social Impact Award from PREA on behalf of its Affordable Housing Renaissance Fund. This prestigious award recognizes Avanath’s commitment to providing residents with resources and support to improve their quality of life and unlock new opportunities. It is a testament to the Renaissance Fund’s high performance in achieving lasting impact at the fund’s affordable and workforce housing communities nationwide.
Irvine, California-based multifamily owner and operator Avanath Capital Management is expanding its capital-raising platform by bringing on Troy Jenkins as senior vice president of investor relations, according to a news release shared with Multifamily Dive.
Troy S. Jenkins recently joined Irvine-based Avanath Capital Management, a multifamily property owner and operator, as senior vice president of its Investor Relations division. He will lead capital-raising initiatives for the firm’s affordable housing, development and debt funds. He most recently worked at Avison Young Investment Management.
Avanath Capital Management LLC, an Irvine-based multifamily owner and operator primarily focused on affordable and workforce housing, added Troy S. Jenkins to its investor relations division. As SVP, investor relations, Jenkins will lead capital-raising initiatives for Avanath’s affordable housing, development, and debt funds while fostering relationships with institutional investors and consultants.
Avanath Capital Management, an Irvine, Calif.–based multifamily owner and operator that primarily focuses on affordable and workforce housing, has announced the expansion of its capital-raising platform, as well as the services and strategic advisory it provides its investors, with the addition of a 30-year real estate investment industry veteran, Troy Jenkins, to its investor relations division.
The Smart Agency