HACLA partners with Avanath to purchase Baldwin Village Apartments

Yesterday, the Housing Authority of the City of Los Angeles (HACLA), the nation’s second-largest housing authority, closed on a partnership with Avanath, a leading national owner of affordable housing, to purchase a 669-unit apartment community in the Crenshaw neighborhood of Los Angeles, known as the Baldwin Village Apartments. […]

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Avanath Buys Sacramento-Area Portfolio for $182M

Avanath Capital Management has purchased a six-community affordable and senior housing portfolio totaling 1,032 units within the Sacramento, Calif., metro, in an off-market recapitalization, for a total of $181.6 million. According to Yardi Matrix data, Avanath Realty will also manage the properties. […]

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