Press releases & articles

Proptech becomes core for multifamily investors
PERE

A new generation of residential technology is reshaping expectations across the real estate sector, pushing developers, owners and operators to integrate smart-home functionality and connected-building systems that support efficiency, resident retention and long-term asset value. Features once viewed as premium amenities are increasingly being treated as baseline infrastructure by residents and investors alike.

 

Though the early benefits of smarter and faster technology look promising, these are still objections to overcome from many investors and managers. “While technology and AI are showing great potential, we’re not broadly adjusting our underwriting assumptions just yet,” notes Carly Stevenson, executive vice-president of property management at Avanath Capital. “The results have to prove out.”

Leading Owners Launch Management Venture
Affordable Housing Finance

Leading affordable housing firms Avanath Capital Management and BRIDGE Housing recently joined forces to create a property management company to serve affordable and workforce developments nationwide. With a portfolio totaling approximately 30,000 units, Brighthaven Communities is immediately among the top management firms in the field.

Top 50 Affordable Housing Owners of 2025
Affordable Housing Finance

Affordable Housing Finance’s 2025 AHF 50 Owners list highlights the nation’s leading affordable housing organizations and recognizes the companies making the biggest impact across the industry. The annual report showcases top owners based on the number of affordable housing units owned nationwide, while also spotlighting emerging trends, major acquisitions, rehabilitation activity, and innovative strategies shaping the future of affordable housing.

Avanath Capital Managemtn and BRIDGE Housing bet on scale with new company
Affordable Housing Finance

Leading affordable housing firms Avanath Capital Management and BRIDGE Housing recently joined forces to create a property management company to serve affordable and workforce developments nationwide. With a portfolio totaling approximately 30,000 units, Brighthaven Communities is immediately among the top management firms in the field. Avanath, No. 24 on the AHF 50 owners list, and BRIDGE, No. 26 on the list, are equal partners in Brighthaven. Avanath founder, chairman, and CEO Daryl J. Carter and BRIDGE president and CEO Ken Lombard discuss their goals and how the industry is evolving.

Avanath Capital expands Florida portfolio with seventh community
IREI

Avanath Capital Management has acquired 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.

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.

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.

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.

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