Avanath Acquires Orlando Property for $63M

Private real estate investment firm Avanath Capital Management has acquired mixed-use, mixed-income City View in Orlando, Fla. The distinctive, 266-unit property, which features 24,865 square feet of retail space, changed hands for $62.5 million. Marcus & Millichap Affordable Housing Advisors marketed the transaction. […]

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Daryl Carter Named to MFE Hall of Fame

Growing up in Detroit’s Core City neighborhood in the 1960s, Daryl Carter didn’t get away with much. Like his parents, about half of the adults in the community had migrated from the South. His father and uncles all worked in the car factories. Everyone knew everyone; they went to the same store, the same church. […]

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Avanath Acquires LA Apartments for $220M

Avanath Capital Management has made one of the largest single asset transactions of the year in Los Angeles County this year, buying two multifamily properties encompassing 669 units for $220M, the latest purchase in firm’s nationwide strategy of acquiring affordable housing assets. […]

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