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

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.