Avanath Capital Management LLC is prepping for a new wave of affordable housing investments—and, for the first time, apartment development—after closing its first open-ended fund totaling $536 million. […]
Category: Front Page News
Real estate news: Affordable senior apartments in Costa Mesa sell for $11.75 million
Avanath Capital Management in Irvine has bought a 36-unit affordable senior housing complex in Costa Mesa for $11.75 million. The purchase of St. John’s Manor is the third Orange County property acquisition for the firm this year. […]
Avanath Acquires St. John’s Manor Affordable Seniors Housing Community in Costa Mesa, California
Avanath Capital Management LLC has acquired St. John’s Manor, a 36-unit affordable seniors housing community in the Orange County city of Costa Mesa, for $11.8 million. […]
Avanath Acquires St. John’s Manor Affordable Community in Costa Mesa, California
Avanath Capital Management LLC has acquired St. John’s Manor, a 36-unit affordable seniors housing community in the Orange County city of Costa Mesa, for $11.8 million. Built in 1984 and renovated in 2007, St John’s Manor is currently 100 percent occupied. […]
Financings: Avanath Capital Management Expands Affordable Portfolio in Orange County
Avanath Capital Management announced it has expanded its presence in Orange County by acquiring St. John’s Manor, a 36-unit affordable senior housing community for $11.75 million. […]
Avanath Makes Third Orange County Acquisition of 2022
Avanath Capital Management, LLC has expanded its presence in the Orange County market with its third acquisition in the region this year. The firm acquired St. John’s Manor, a 36-unit affordable seniors housing community in Costa Mesa, for $11.75 million. […]
Avanath Capital Management Acquires 36-Unit Senior Housing Community in Costa Mesa for $11.75MM
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has expanded its presence in the Orange County market with its third acquisition in the region this year. The firm acquired St. John’s Manor, a 36-unit affordable senior housing community in Costa Mesa, CA for $11.75 million. […]
Avanath Capital Management Buys 36-Unit OC Affordable Senior Housing Community
Avanath Capital Management LLC acquired St. John’s Manor, a 36-unit affordable senior housing community in Costa Mesa, for $11.75 mil ($326k/unit). The deal marks the firm’s third OC purchase this year. […]
The Great Digital Divide
COVID-19 has exposed and amplified the digital inequities faced by millions of households who before the pandemic were already facing severe hardships. As schools closed in response to the pandemic, some students lacked reliable access to the internet at home and struggled to stay connected and engaged in their education. […]
Avanath Capital Management Announces Closing of Affordable Housing Fund
Privately held multifamily owner and operator Avanath Capital Management LLC has closed its open-ended affordable housing fund. The company has $536 million in equity commitments. The initial funds were used to seed money for its $830 million affordable housing portfolio. […]