A California affordable housing operator that for years has been focused on buying and preserving aging apartments as affordable and workforce housing properties is pivoting to something new as the housing shortage continues to roil major cities: building apartments in factories. Avanath Capital Management is partnering with New York-based modular construction firm Vessel Technologies to fund […]
Category: Front Page News
California People and Company News, Week of Jan. 10, 2025
Avanath Capital Management, an industry-leading multifamily owner and operator focused on affordable and workforce housing, and Esusu, a pioneering company revolutionizing rent reporting and financial health solutions, announced the transformative outcomes of their partnership, offering on-time rent reporting to over 20,000 residents nationwide. The partnership has delivered measurable financial empowerment, with 63% of residents improving their […]
Transformational Esusu and Avanath Partnership Drives $162 Million in Financial Impact, Empowering Renters Towards Wealth Creation
Today, Esusu, a pioneering company revolutionizing rent reporting and financial health solutions, and Avanath Capital Management, an industry-leading multifamily owner and operator focused on affordable and workforce housing, proudly announce the transformative outcomes of their partnership, offering on-time rent reporting to over 20,000 residents nationwide. The partnership has delivered measurable financial empowerment, with 63% of residents improving […]
Senior Housing’s Affordability Problem: As the Population Ages and the demand for Senior Housing Continues to Grow, Affordability has Emerged as a Concern
Renter demand is strong, Avanath founder Daryl Carter says, in part because seniors are underserved with affordable options in those markets. Another reason occupancy is so high is that residents rarely leave by choice. “A top concern is keeping residents healthy and supported so they do not have to transfer to assisted living or skilled […]
US Housing Group In Talks Over $750M of backing from European Investors
US-based affordable housing firm Avanath Capital Management has $750M of equity commitments from European Investors in due diligence for its Affordable Housing Renaissance Fund, Green Street News can reveal. It’s president and COO, John Williams, was in Europe last week meeting with investors alongside adviser Accord Group Holdings. […]
OC500 2024: Daryl Carter
A yearly compendium of the 500 most influential people in Orange County. […]
2024 Top Multifamily Property Owners
MHN’s annual ranking represents a broad range of market-rate and affordable asset categories. […]
Influencers in Multifamily 2024
Launched in 2022, the Acclaim at Baldwin Village team at Avanath Capital Management has been an example of what is possible in the affordable and workforce housing space even in one of the country’s most unaffordable markets. Acclaim at Baldwin Village is a 669-unit multifamily community in Los Angeles that was built seven decades ago. […]
Sue Ansel named to MFE Hall Of Fame
“While the secretary may have thought the applause was directed toward him, the loud cheer was about the strong admiration that NMHC members had for Sue Ansel,” remembers Avanath Capital Management chairman and CEO Daryl Carter, one of many multifamily executives who has worked closely with Ansel at NMHC and considers her a friend and […]
Vessel Technologies’ CT Multifamily Development Portfolio Aims to be Showpiece for National Expansion
A New York-based, upstart multifamily housing developer that entered the state nearly three years ago is preparing to bring its first Connecticut project online this fall, with several more in the pipeline as it faces some growing pains amid ambitious expansion plans. Vessel RE Holdings — an affiliate of Vessel Technologies — is nearly ready […]