When BlackRock CEO Larry Fink called climate change an “existential crisis” in an open letter to CEOs at the beginning of the year, it was clear that the investment industry was taking a serious approach to energy efficiency. […]
Category: Front Page News
Avanath Acquires First Opportunity Zone Property
Avanath Capital Management has completed the acquisition of Arbors at Cary, a 248-unit affordable housing community in Cary, North Carolina. […]
Avanath Capital in Real Estate Weekly
With the untimely passing of AAREP LA’s president, William “Bill” Yarbro, the organization has undergone a leadership change. Kimberly Brown, Managing Director, Cushman & Wakefield will take the helm alongside industry veteran Troy Jenkins, Principal and Director of Investment management, Avison Young. […]
On the Right Path? Real Estate Fund Managers Target Net Zero
Over the last several years, capital flows into ESG-focused investments have rapidly increased. This is a trend that has been accelerated by the pandemic, as well as the rising social injustice and civil unrest that has been brought to light over the last few years. […]
Avanath Capital Management Becomes One of The First Affordable Housing Owners to Achieve Well Health-Safety Rating Across Its Nationwide Portfolio
Avanath Capital Management, LLC, a private real estate investment manager, and the International WELL Building Institute (IWBI), the leading authority for transforming health and well-being with its people-first approach to buildings, organizations and communities, announced today that Avanath has become one of the first affordable housing owners to achieve the WELL Health-Safety Rating for Facility […]
Avanath completes first OZ fund acquisition
Avanath Capital Management, a multifamily owner and operator that focuses on market-rate and affordable housing, has completed the acquisition of the Arbors at Cary, a 248-unit affordable housing community in Cary, N.C. […]
WC Smith Sells Luxury NoMa Building Famous For Resident Bulldog For $104M
WC Smith sold the 2M Street luxury apartment building it developed in NoMa to Avanath Capital Management, Bisnow has learned. […]
Avanath Capital in This Week’s Boston Deal Sheet
Avanath Capital Management spent $22.5M for the Logo Apartments in Roxbury, including 73 units across 11 buildings. The portfolio was previously owned by Affirmative Housing and also includes a supermarket, a design studio and two cell tower leases with T-Mobile. […]
Avanath Capital Management Buys Boston-Area Portfolio
Avanath Capital Management has expanded its reach in the Boston area with the acquisition of Logo Apartments, an affordable housing portfolio involving five different sites totaling 11 buildings and 73 units across Roxbury. […]
ESG: What It Is and Why You Should Care
Although the basic concept of ESG seems warm and fuzzy, it’s also now guiding the flow of tons of capital into multifamily real estate development. In its “2020 Impact Bonds Report,” Freddie Mac revealed that it poured $3.3 billion into a “Green” workforce housing bucket, $877 million into a “Social” affordable housing bucket, and $971 […]