Press releases & articles

Avanath Pays $35M for Affordable Asset in Texas’ Capital
Multi-Housing News

According to Austin’s Strategic Housing Blueprint, Texas’ capital will need 75,000 market rate units and 60,000 new housing units for low-income families to meet the city’s housing needs for the next decade. Recognizing the opportunity, Avanath has acquired for a little over $35M a 280-unit fully affordable community located 4 miles south of Austin, TX.


Avanath Enters the Opportunity Zone Game

Avanath Development has entered the opportunity zone race. The firm has launched a qualified opportunity zone fund with a target raise of $300 million, which the firm plans to hit in the next six months.

Avanath Capital Management and UBS Asset Management Recapitalize $248 Million Affordable Housing Portfolio
Blau Journal

April 3, 2019— Avanath Capital Management, LLC (“Avanath”), a private real estate investment manager focused on the preservation of affordable housing nationwide, has completed a strategic recapitalization of a portfolio of affordable multifamily assets formerly held by Avanath Affordable Housing I, LLC, Avanath’s inaugural fund (the “Elevate Portfolio”).

Media inquiries

Brower, Miller & Cole