Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, announces that it has acquired Rivers Senior, a 120-unit affordable senior housing community located in West Sacramento, California, for a total consideration of $19 million (about $158,333 per unit), according to Avanath’s Founder, Chairman and CEO Daryl Carter. […]
Category: Front Page News
Avanath Acquires Affordable Community
Avanath Capital Management announced that is has acquired an affordable senior living community in West Sacramento, California for $19 million. […]
Avanath Capital Management Acquires 120-unit Affordable Senior Housing Community in West Sacramento
Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, announces that it has acquired Rivers Senior, a 120-unit affordable senior housing community located in West Sacramento, California, for a total consideration of $19 million, according to Avanath’s Founder, Chairman and CEO Daryl Carter. […]
Affordable Housing Gap Spells Opportunity
With a shortage of 7.3 million affordable housing units in the US, according to the non-profit National Low Income Housing Coalition, and only 100,000 or so new units built every year, “the math just doesn’t work,” says John Williams, chief investment officer of Avanath Capital Management, an affordable housing investment firm based in Irvine, California. […]
Avanath Recognized as Top 50 Affordable Housing Owner in 2022
Avanath recognized as a top 50 affordable housing owner in 2022 by Affordable Housing Finance. […]
Avanath Recognized as Top 10 Company Completing Acquisitions in 2022
Avanath recognized as Affordable Housing Finance’s top 10 companies completing acquisitions in 2022. […]
The Art of ESG
A decade ago, the letters “ESG” were hardly uttered in the same sentence, let alone in talks of multifamily real estate. Today, it’s the acronym on everyone’s lips—and for good reason. […]
Avanath Nominated as Best Place to Work in 2023 by GlobeSt.
Avanath was nominated as a best place to work in 2023 by GlobeSt. […]
Avanath Nominated for GlobeSt’s Best Bosses in 2023
Avanath was nominated for having one of GlobeSt. Real Estate Forum’s best bosses in 2023. […]
Avanath Pays $119M for Mixed-Income Chicago Asset
Avanath Capital Management LLC has acquired Lincoln Park Plaza, a 256-unit mixed-use multifamily community in Chicago. BJB Partners sold the asset for $119 million. […]