The dollar volume of real estate investment sales in Brooklyn totaled $5.56 billion in the first half of 2022, a slight dip of 8 percent from the second half of 2021, but up a whopping 21 percent year-over-year, according to a research report produced by Ariel Property Advisors, “Brooklyn 2022 Mid-Year Commercial Real Estate Trends.” […]
Category: Front Page News
After Raising $1 billion, Avanath Goes on an Affordable Housing Shopping Spree
After raising more than $1 billion in investment capital, Avanath Capital Management looks to expand its affordable housing portfolio. […]
MFE Names 2022 Award Winners
Over the past year, the multifamily industry has faced its share of uncertainty with the lingering effects of the pandemic, supply chain and labor challenges, and economic uncertainty. However, the industry continues to be resilient, putting its residents at the forefront. The 2022 Multifamily Executive Awards showcase these efforts by highlighting the industry’s leaders, innovative […]
Doug Bibby Makes a Mark on the Multifamily Industry
This winter, Doug Bibby will preside over his last National Multifamily Housing Council (NMHC) Annual Meeting. […]
It’s Not Housing. It’s Home.
THERE’S AN OLD ADAGE about the best restaurants being the ones with the line out the door. Daryl Carter’s twist: the best places to live are those with full visitor parking lots and waiting lists. He’s proud to say his properties fit the bill. […]
Avanath Capital Spends $96MM on 236-unit Crescent Cove Apartments in San Francisco
As the multifamily market across the region continues to regain all the footing it lost at the start of the global COVID-19 pandemic, investors are looking for ways to grow their presence in a region where demand seems to always outstrip supply. […]
Avanath Capital Management Acquires 100th Asset
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired its 100th asset: a mixed-use portfolio containing two multifamily properties with ground-floor retail space in Brooklyn, New York, for $315 million. […]
Avanath Buys Brooklyn Multifamily Portfolio for $315M
Avanath Capital Management has acquired a mixed-use portfolio containing two multifamily properties with ground-floor retail space in Brooklyn, for $315 million. The portfolio consists of 601 affordable and market-rate residential and commercial units and qualifies for New York City’s Rent Stabilization program. […]
Avanath purchases $315m portfolio in Brooklyn
Avanath Capital Management has acquired its 100th asset: a mixed-use portfolio containing two multifamily properties with ground-floor retail space in Brooklyn, N.Y., for $315 million. The two buildings in the mixed-use portfolio are located at 38 6th Avenue (pictured) and 535 Carlton Avenue in Brooklyn. […]
Avanath Capital Acquires Two Multifamily Communities in Brooklyn for $315M
Avanath Capital Management, a private real estate investment management firm, has purchased two multifamily communities in Brooklyn. The Irvine, Calif.-based company purchased the two properties, which total 601 apartments and 42,643 square feet of ground-floor retail space, for $315 million. […]