Avanath Capital Management Adds Another Orange County Community

Private investment firm Avanath Capital Management made its second acquisition of the year in the senior apartments sector, adding another Orange County, California property to its roster. The deal included a 261-unit community in Anaheim that was built in 2001 with seven garden-style buildings. […]

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Affordable Value-Add Multifamily Still Offers Strong Returns

Even in a low-yield world, value-add, affordable multifamily is still producing solid returns. “We’re able to generate value-add multifamily returns in the low to mid-teens,” Daryl Carter, CEO of Avanath Capital Management, said on CBRE’s “The Weekly Take” podcast. “The one thing about the affordable housing industry is the income is very stable.” […]

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