The head of Avanath Capital Management shares his expectations for the affordable housing market and more.
Press releases & articles
Defined by an amalgam of challenges—a global health crisis, record-high inflation, widespread unemployment, rising costs, as well as scarce and expensive debt—the past three years have brought the country’s affordable housing stock to an all-time low. Nationwide, the need for affordable housing is acute, so the urgency to guarantee access to low-cost and quality housing has become acute.
Nearly four years out from the start of the pandemic in the U.S. and so much has changed, so little has as well. The cost of doing business has increased due to rapid inflation; that rate of increase has since cooled. Technology has advanced as technologies do, but at the same time, different tech has been enhanced at different rates. New solutions have been invented for problems that never existed. And new business plans and models have been adapted to flow with workforce and building developments.
The Avanath Capital Management founder and 2023 Lifetime Achievement Award winner shared insights into his personal roots and professional rise.
Daryl J. Carter serves as the founder, chairman and CEO of Avanath Capital Management. With an unwavering commitment to diversity, equity, inclusion and accessibility (DEIA), he has established Avanath as a pioneering force in the real estate industry, focusing on affordable and workforce housing across the U.S.
Two small apartment complexes nearly 60 years old in Anaheim have sold to different buyers for a combined $5.5 million, according to CBRE.
Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, announces the continued expansion of its property management team and capabilities this year.
On a recent summer afternoon in Manhattan, Daryl Carter, founder, chairman and CEO of Irvine, California–based Avanath Capital Management and a member of the ULI Global Board, was walking along Lexington Avenue when he—like a superstar—got recognized on the street. The passerby, who previously worked at Freddie Mac, simply wanted a minute of Carter’s time.
Other companies create their own custom-built dashboards that can monitor key performance indicators and track savings and returns on investment. Avanath is one such example. The company launched its own ESG framework and monitoring tool in 2020 called Amplify.
Throughout the month of August, Connect CRE is running a series titled “Leading in Tough Times.” We’ve asked leaders around the U.S. and across the commercial real estate spectrum to share their wisdom and discuss lessons learned. In this installment, you’ll hear from Daryl Carter, founder, chairman and CEO of Avanath Capital Management.