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. […]
Category: Front Page News
Avanath Capital Management Secures $536m for Affordable Housing Fund
Avanath Capital Management, a multifamily owner and operator focused on affordable housing, has completed the initial closing of its open-ended affordable housing fund. […]
Avanath Capital Management Secures $536m for Affordable Housing Fund
Avanath Capital Management, a multifamily owner and operator focused on affordable housing, has completed the initial closing of its open-ended affordable housing fund. […]
‘You Have To Be An Optimist’: Walker & Dunlop CEO Willy Walker Talks To Multifamily Leaders About 2022
Multifamily housing is one of, if not the, most discussed and debated asset classes in the commercial real estate world today. From rising rents to the country’s staggering need for more affordable housing, multifamily is under the spotlight, and these properties are complex to develop, manage and successfully roll out. […]
This New D.C. Landlord’s First Buy, for $103M, Won’t Be its Last
Avanath owns 1,500 units in Greater Washington and 13,000 across the country, but this marks the only property it now holds in the District itself. […]
Avanath Streamlines its Fundraising Strategy
Avanath Capital Management has held the initial close for its first open-end affordable housing fund, amassing $536 million in commitments, PERE has learned. […]
Avanath Buys 315-Unit Apartment Property in Washington, D.C., for $103Mln
Commercial Observer Avanath Capital Management has paid $103 million, or $326,984/unit, for the 315-unit 2M Street Apartments in Washington, D.C. […]
Avanath Capital Management Acquires 2M Street Apartments in D.C. for $103.5M
Avanath Capital Management LLC has acquired 2M Street Apartments, a 315-unit multifamily community in Washington, D.C., for $103.5 million. The seller was not disclosed. […]
Avanath Acquires DC Mixed-Income Housing for $104M
Avanath Capital Management has acquired 2M Street Apartments, a 314-unit mixed-income apartment building in Washington, D.C., for $103.5 million. […]
Walker Webcast: NMHC—Celebrating Doug Bibby, Discussing Multifamily Issues, Challenges and Trends
When Douglas M. Bibby stepped into the role of President of the National Multifamily Housing Council in 2001, he faced a handful of challenges. At the time, rental housing was considered the purview of lower-income families or as way stations to home ownership. The office and retail sectors enjoyed a 200 basis point advantage over […]