Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired Acton Courtyard, a 71-unit mixed-use Affordable housing community with 7,013 square feet of ground-floor retail, located in Berkeley, California. […]
Category: Front Page News
Equity Residential bids adieu to Berkeley – Sale of Acton Courtyard
Chicago-based Equity Residential has sold the last of its Berkeley properties to Southern California-based Avanath Capital for $25.3 million. The sale of Acton Courtyard, a 71-unit property at 1370 University Ave. in Berkeley, marks Equity’s exit from the East Bay city, a spokesperson confirmed. […]
Avanath acquires affordable housing & retail community in Berkeley, Calif.
Avanath Capital Management has acquired Acton Courtyard, a 71-unit mixed-use affordable-housing community with 7,013 square feet of ground-floor retail, located in Berkeley, Calif. […]
Avanath Capital President John R. Williams on ESG and Workforce Housing
To further Leverage.com’s mission of democratizing knowledge about commercial real estate, we started an interview series with all kinds of CREF pros: everyone from multifamily and medical to cannabis and construction. This time we connected with John R. Williams, President and Chief Investment Officer at Avanath Capital, an investment firm that acquires, owns, renovates and operates affordable, […]
Avanath Capital Management acquires 71-unit mixed-use affordable housing and retail community in Berkeley, California
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired Acton Courtyard, a 71-unit mixed-use Affordable housing community with 7,013 square feet of ground-floor retail, located in Berkeley, California. […]
Multifamily Recovers Though the Pandemic Persists
Although the economy is still recovering and the battle against COVID continues, the differences for the multifamily sector in mid-2021 compared to mid-2020 are remarkable. In many markets, key problems—among them, sliding occupancy and pricing, owner concessions and the struggle to get prospects—appear to be largely in the rear-view mirror. […]
Focus on ESG Goals Is Encouraging More CRE Players to Invest in Affordable Housing
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. […]
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 […]