NEW YORK, Oct. 14, 2021 (GLOBE NEWSWIRE) — Greystone, a leading national commercial real estate finance firm, has provided a $39,060,000 Fannie Mae DUS® loan for the acquisition of an affordable housing property in Corona, California, on behalf of Avanath Capital. The property was represented for sale by Aaron Hargrove and Eric Taylor of Greystone Real […]
Category: Front Page News
Avanath Buys 360-Unit Affordable Seniors Housing Community in Corona, California
CORONA, CALIF. — Avanath Capital Management has purchased River Run Senior, an affordable seniors housing property located at 863 River Road in Corona. With this acquisition, Avanath now owns 11 properties in Southern California with 2,187 units under management in the region. […]
Avanath Capital Management Adds to Southern California Holdings with Acquisition of 360-Unit Senior Affordable Housing Community in Corona, CA
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired River Run Senior, a 360-unit senior affordable housing community in Corona, California, which is located in Riverside County. […]
Senior Complex Sold in Corona
River Run Senior, a 360-unit affordable apartment complex in Corona, has been acquired by Avanath Capital Management. […]
Senior Complex Being Sold in Corona
River Run Senior, a 360-unit affordable apartment complex in Corona has been acquired by Avnath Capital Management. The age-restricted community at 863 River Road was built in 2004, and comprises six three-story garden-style buildings over 216,684 square feet. […]
This Week’s LA Deal Sheet
Avanath Capital Management announced it acquired River Run Senior, a 360-unit affordable housing community for seniors in Corona. […]
Avanath Pays $65M for Inland Empire Senior Community
Avanath Capital Management has teamed up with Registered Investment Adviser to acquire River Run Senior, a 360-unit affordable, age-restricted community in Corona, Calif. Steadfast Cos. sold the garden-style community for $65.1 million, public records show. […]
Transactions & Financings: Moody’s Boosts Welltower’s Ratings Outlook; Friendship Village of Tempe’s $104M Bond Issuance
Welltower’s (NYSE: WELL) credit rating received a slight boost, in another sign that its senior housing operating portfolio’s (SHO) performance is on the rebound. […]
River Run Senior Community Allows Avanath to Increase SoCal Footprint
Avanath Capital Management LLC recently acquired River Run Senior, a 360-unit senior affordable housing community at 863 River Rd. in Corona. With this acquisition, Avanath now owns 11 properties in Southern California with 2,187 units under management in the region. […]
Why Affordable Housing Is No Longer a Niche Investment Strategy
As the U.S. faces an acute affordable housing crisis, it’s gaining in popularity among commercial real estate investors of all types. Some firms, however, have been playing in the sector longer than others and have had the time to learn some of the nuances of raising money for and investing in affordable housing. Founded in […]