Avanath has focused on ESG since its inception and made ESG core to its investment strategy, Williams says. Currently, the investment manager has $2.6 billion in assets under management across 13 states and 49 cities. Its portfolio consists of 90 communities with more than 11,000 units. […]
Category: Front Page News
Lessons Learned from the Pandemic
Affordable housing has remained relatively strong, stable, and steady throughout the pandemic, which is why Avanath is heavily invested in affordable housing, owning and operating 90 apartment communities in 13 states, comprising more than 11,000 apartment units. More than 85% of its communities are rent-regulated affordable properties—eligible for the Low-Income Housing Tax Credit, project-based Section […]
Avanath Capital Management Uses Goats To Clear Brush
Avanath Capital Management partnered with a local rancher to remove brush surrounding The Terraces apartments in Escondido as an eco-friendly way to stay ahead of California wildfires and ensure the safety of residents. […]
Globe St. Honors 16 IREM members as 2021 Women of Influence
Since 1983, GlobeSt Real Estate Forum has recognized women who significantly influence the real estate profession and drive the industry forward with their Women of Influence program. These are the leaders shaping commercial real estate, managing the critical issues facing CRE today, and positioning the industry for a more inclusive future. IREM experienced a record-breaking […]
Affordable Housing Dynamics Shift Post Pandemic
Affordable housing has always been a stable investment asset through up and down economic cycles, but the pandemic has deepened demand and exacerbated supply constraints. The dynamic is pulling more investment capital to the market from both foreign and domestic investors. “We have noticed that affordable housing tends to perform in times of economic uncertainty […]
Cover the Spread
Affordable housing developers in Central Texas use a variety of programs and incentives to bridge the gaps between tax credit equity and construction costs. […]
Behind The Surge In ESG Commitments
Individual investors support the touted benefits of ESG on the bottom line. Avanath Capital Management has focused on ESG investing since its inception, and in January, the firm closed its fourth discretionary fund with $760 million in equity commitments, exceeding its initial target of $550 million. […]
Affordable housing’s double-edged investment appeal
Real estate investors are increasing turning to the affordable housing sector in an attempt to marry social and economic returns. Founder and CEO Daryl Carter speaks to the opportunities available in the affordable housing sector. […]
Native Detroit Developers Set Sights on Apartments in North End
Two Black developers with Detroit roots are bringing things back to the city, particularly in the North End of Detroit. Daryl J. Carter, 65, leading Avanath Capital Management, LLC, and Ron McDonald, RMC Development managing principal, are joining forces to develop a market rate, affordable, senior housing unit — North End Landing. […]
NMHC Annual Conference Panelists Focus on Housing Stability
NMHC helped secure over $50 billion in federal Emergency Rental Assistance. Panelists dove into the steps taken to provide funds for residents and housing providers impacted by the pandemic. […]