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 […]
Category: Front Page News
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. […]
New Moves by AHF 50 Companies
FUND RAISING: Avanath Capital Management (No. 36 owner), which is focused on the acquisition and preservation of affordable and workforce housing, closed its fourth discretionary fund in 2020 with $760 million in equity commitments, above its original commitment target of $550 million. Nearly half of the fund was raised during the pandemic and featured several […]
2021 OC 50: DARYL CARTER
We are proud to have our CEO and Founder Daryl Carter named as one of the top executives in this year’s “2021 OC 50: The Builders – Building Greater Ties to The Community”. This honor is extended to professionals in Orange County who dedicate their work towards expanding opportunities in areas such as healthcare treatment, […]
New Moves by AHF 50 Companies
Avanath Capital Management (No. 36 owner), which is focused on the acquisition and preservation of affordable and workforce housing, closed its fourth discretionary fund in 2020 with $760 million in equity commitments, above its original commitment target of $550 million. Nearly half of the fund was raised during the pandemic and featured several foreign investors. […]
Low-Income Housing Tax Credits News Briefs – June 2021
LIHTC People: BRIDGE Housing announced April 2 that Daryl J. Carter was elected to the board of directors. Carter is the founder and CEO of Avanath Capital Management LLC, an investment firm that renovates apartment properties with an emphasis on affordable and workforce communities. […]