Press release & articles

Avanath Capital Management acquires Menlo Manor senior housing
My Central Jersey

EDISON — Avanath Capital Management, LLC, a private real estate investment manager and registered investment adviser, has acquired Menlo Manor, a 240-unit affordable senior housing community. The property was acquired through Avanath’s institutional fund, Avanath Affordable Housing III.

Avanath Capital Management Acquires 240-Unit Seniors Housing Community in Edison, New Jersey
REBusiness Online

EDISON, N.J. — Avanath Capital Management has acquired Menlo Manor, a 240-unit affordable senior housing community in Edison. Avanath acquired the property through its institutional fund, Avanath Affordable Housing III. The five-story property was built in 1980 and features a community room, exterior courtyard, library, dining area, community kitchen and automatic front doors. Located at 161 Inman Ave., the community includes a mix of studios, one-, and two-bedroom units. Alex Medeiros of CBRE represented the seller, Jeff Spragens.

Avanath Capital Management Acquires 240-Unit Seniors Housing Community in Edison, New Jersey
CRE Firms

EDISON, N.J. — Avanath Capital Management has acquired Menlo Manor, a 240-unit affordable senior housing community in Edison. Avanath acquired the property through its institutional fund, Avanath Affordable Housing III. The five-story property was built in 1980 and features a community room, exterior courtyard, library, dining area, community kitchen and automatic front doors. Located at 161 Inman Ave., the community includes a mix of studios, one-, and two-bedroom units. Alex Medeiros of CBRE represented the seller, Jeff Spragens.

Media inquiries

Brower, Miller & Cole

949.955.7940
media@avanath.com

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