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. […]
Category: Front Page News
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 […]
Avanath Acquires Affordable Housing and Retail Building in Berkeley
In August, Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, acquired Acton Courtyard, a 71-unit mixed-use Affordable housing community with 7,013 square feet of ground-floor retail, located in Berkeley, California. The transaction is Avanath’s ninth acquisition in Northern California and its second in the Oakland MSA. […]
Avanath Capital Management Buys 71-Unit Berkeley Multifamily Property
Avanath Capital Management LLC has acquired Acton Courtyard, a 71-unit, mixed-use affordable housing community with 7k sf of ground-floor retail in Berkeley, CA. The property is located at 1370 University Ave, between San Pablo Ave and Sacramento St. […]
Avanath Capital Pays $25.3Mln for Berkley, Calif., Apartments
Avanath Capital Management has acquired Acton Courtyard, a 71-unit apartment property in Berkeley, Calif., from Equity Residential. […]
Avanath Pays $25M for Affordable California Asset
Avanath Capital Management has acquired Acton Courtyard, a 71-unit fully affordable community in Berkeley, Calif. Equity Residential sold the property for $25.3 million, according to Yardi Matrix. […]