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.