Avanath Buys Sacramento Affordable Senior Community

Avanath Capital Management has purchased Rivers Senior, a 120-unit affordable senior housing community in West Sacramento, Calif., for $19 million. St. Anton Capital sold the property in an off-market transaction, according to Yardi Matrix data. […]

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Avanath Acquires Rivers Senior Near Sacramento

Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, acquired Rivers Senior, a 120-unit affordable seniors housing community in West Sacramento, California, for $19 million, or $158,300 per unit. The deal marks Avanath’s 19th acquisition in Northern California and its 13th property in the greater Sacramento area. […]

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Avanath Makes 13th Sacramento Acquisition with Off-Market Deal

Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, acquired Rivers Senior, a 120-unit affordable senior housing community located in West Sacramento, for $19 million. The property, Avanath’s 13th in the Sacramento area, was acquired off-market from a seller with whom Avanath has completed numerous deals. […]

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