press releases
& articles

Avanath Capital Management Spends $56.5 Mil on Sacramento Res Portofolio

RENTV

Avanath Capital Management LLC has acquired an affordable housing portfolio of three apartment communities totaling 468 units in Sacramento for $56.5 mil ($121k/unit). The acquisition nearly doubles Avanath’s footprint in the market, for a total of 1,034 units in the Sacramento region.

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Avanath Capital Acquires Three Affordable Communities in Sacramento for $56.5M

Seniors Housing Business

Avanath Capital Management LLC, an institutional fund manager that specializes in affordable and workforce housing investments, has acquired a three-property affordable housing portfolio in Sacramento for $56.5 million.

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Avanath Capital Management Increases Stake in Sacramento; Acquires Three Affordable Housing Communities for $56.5 Million

Done Deals

Avanath Capital Management, LLC, an institutional fund manager that specializes in affordable and workforce housing investments, has acquired an affordable housing portfolio of three apartment communities totaling 468 units in Sacramento for $56.5 million.

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Avanath Capital Management Acquires Three Sacramento Affordable Housing Communities for $56.5MM

Registry SF

Avanath Capital Management, LLC, an institutional fund manager that specializes in affordable and workforce housing investments, has acquired an affordable housing portfolio of three apartment communities totaling 468 units in Sacramento for $56.5 million. This acquisition nearly doubles Avanath’s footprint in this market, bringing its total concentration of units to 1,034 apartment homes in the Sacramento region.

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Group buys three multifamily properties for $56.5 million

Saramento Business Journal

With more demand for affordable housing driven by higher rents, a Southern California-based investor saw reason to buy three Sacramento-area properties for $56.5 million.

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Avanath Pays $56.5Mln for Sacramento-Area Apartment Portfolio

Commercial Real Estate Direct

Avanath Capital Management has paid $56.5 million, or $120,727/unit, for a portfolio of three apartment properties totaling 468 units in the Sacramento, Calif., area.

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Avanath Doubles Sacramento Footprint

Multi-Housing News

In a $56.5 million deal, the company has acquired an affordable housing portfolio totaling 468 units in one of the nation’s hottest markets. The properties cater to seniors, families and mixed-income renters.

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Avanath Capital Management acquires 17-building affordable housing portfolio with Oak Tree Management for $73 million

New York Real Estate Journal

Brooklyn, NY Avanath Capital Management, LLC, an institutional fund manager that has invested over $1 billion in affordable and workforce housing properties throughout the United States, has acquired an affordable housing portfolio of 17 apartment buildings totaling 198 units in the borough for $73 million. The properties were acquired in joint partnership with Oak Tree Management.

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Avanath Acquires 17-Building Affordable Housing Portfolio in Brooklyn

Affordable Housing Finance

$73 million acquisition doubles firm’s footprint in the borough.

Avanath Capital Management, in joint partnership with New York–based Oak Tree Management, has acquired an affordable housing portfolio of 17 apartment buildings with 198 units in Brooklyn, N.Y.

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Joint venture purchases New York affordable housing portfolio for $73 million

Real Estate Investment Times

Avanath Capital Management and Oak Tree Management have acquired 17 apartment buildings in Brooklyn for $73 million.

The portfolio consists of 198 units across one property in Prospect Heights, seven in Crown Heights, two in Williamsburg and seven in Bedford-Stuyvesant.

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