Avanath Capital Management, LLC (Avanath), a private real estate investment management firm, announces the acquisition of 7 DeKalb, a 251-unit multifamily property located in the Brooklyn borough of New York City, New York for $101.25 million. […]
Category: Front Page News
Avanath Pays $101M for Brooklyn Apartments
On the heels of its largest-ever buying spree in 2022, Irvine-based apartment investor Avanath Capital Management LLC has shelled out $101.3 million for a 251-unit project in New York. […]
Avanath Closes $101.25Mln Purchase of 251-Unit Apartment Property in Brooklyn, N.Y.
Avanath Capital Management has completed its $101.25 million, or $404,386/unit, purchase of the 251-unit apartment property at 7 DeKalb Ave. in Brooklyn, N.Y. […]
Avanath Expands Affordable Housing Footprint in Bay Area
Avanath Capital Management has acquired the Novato Portfolio, two LIHTC (low-income housing tax credit) rental apartment properties encompassing 297 units in the Bay Area submarket of Novato. […]
OC Realtor Pays $131.5M For 300 Bay Area Apartments
A Southern California realtor paid $131.5 million for nearly 300 low-income Novato apartments. Irvine-based Avanath Capital Management announced the purchase of Bay Vista at Meadow Park and Creekside at Meadow Park, the company said in a news release. […]
Avanath Capital Management Buys Two Northern California Properties for $131.5 Million
Avanath Capital Management has acquired two low-income housing tax credit properties in the San Francisco Bay Area submarket of Novato for $131.5 million. […]
Avanath Capital Management Spends $131 Mil on 297-Unit Bay Area Affordable Housing Portfolio
Avanath Capital Management LLC has acquired the Novato Portfolio, comprising two LIHTC rental apartment properties totaling 297 units in the Bay Area submarket of Novato, for $131.5 mil ($443k/unit). Purchased with equity from the firm’s Renaissance Fund and debt financing through CBRE and Fannie Mae, the purchase expands Avanath’s presence in Northern California and achieves […]
Avanath Expands NorCal Footprint with $131.5M Novato Purchase
Private real estate firm Avanath Capital Management has acquired the Novato Portfolio, comprised of two affordable rental apartment properties in Novato, CA. […]
Avanath Acquires 2 California Communities for $132M
Avanath Capital Management has expanded its affordable housing presence in the Northern California market by acquiring two communities. The firm acquired the Novato Portfolio for $131.5 million from Shea Homes. […]
Avanath Capital Management Buys 297-Unit Novato Portfolio for $131.5MM
vanath Capital Management, LLC, a private real estate investment manager, announces the acquisition of the Novato Portfolio, comprising two LIHTC rental apartment properties in the Bay Area submarket of Novato, California, for $131.5 million. […]