In Brief: Avanath gathers $760M for Affordable Housing Impact Renaissance Fund

Avanath Capital Management, a US affordable housing impact firm, has raised $760 million for its evergreen Renaissance fund, SEC filings show. The Avanath Affordable Housing Renaissance Fund, launched in 2022, acquires multi-family affordable housing properties across the US and has capacity to fund the redevelopment and expansion of Avanath’s existing assets.