press releases
& articles

Avanath Capital Management Acquires the 172-Unit Maple Crossing Apartments for $28.4MM

The Registry PS

There has been no shortage of apartment communities changing hands throughout the Puget Sound region in recent weeks, and the Maple Crossing Apartments on Monday, April 30th sold for $28.4 million, or approximately $165,116 per unit, according to King County records.

Read article »

Avanath Capital Management acquires 300+ affordable housing units in New Jersey & Maryland

Mid Atlantic Real Estate Journal

Upper Marlboro, MD and Wharton, NJ – Avanath Capital Management, LLC, a private real estate investment manager and registered investment adviser, has acquired three multifamily properties totaling 311 units for a combined consideration of $38.08 million.

Read article »

Dealmaker: Avanath Acquires Three Multifamily Properties for $38M

Mortgage Bankers Association

Avanath Capital Management LLC, Irvine, Calif., acquired three Maryland and New Jersey multifamily properties for $38.08 million.

Read article »

Avanath Capital Management Acquires Two Seniors Housing Communities for $23.8M

Seniors Housing Business

UPPER MARLBORO, Md., and WHARTON, N.J. — Avanath Capital Management has acquired two seniors housing communities totaling 211 units for $23.8 million.

Read article »

Avanath Capital Buys Two Multifamily Communities in Metro D.C. for $29.3M

Southeast Real Estate Business

UPPER MARLBORO, MD. Avanath Capital Management LLC has acquired two multifamily properties in Upper Marlboro, roughly 20 miles southeast of Washington, D.C., for a combined $29.3 million. The firm acquired Largo Center, a 100-unit community located at 520 Largo Center Drive, for $14.3 million, and Vistas at Lake Largo, a 110-unit seniors housing community located at 500 Harry S. Truman Drive, for $15 million. The properties were purchased through Avanath’s institutional fund, Avanath Affordable Housing III. The names of the sellers were not disclosed.

Read article »

Avanath Capital Management Acquires 300+ Affordable Housing Units in New Jersey and Maryland

Done Deals

WHARTON, NJ – Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired three multifamily properties totaling 311 units for a combined consideration of $38.08 million.

Read article »

Avanath Capital Acquires Two Multifamily Communities in Metro D.C. for $29.3M

RE Business Online

UPPER MARLBORO, MD. — Avanath Capital Management LLC has acquired two multifamily properties in Upper Marlboro, roughly 20 miles southeast of Washington, D.C., for a combined $29.3 million.

Read article »

Midas Touch for Affordable Housing Owners

Affordable Housing Finance

A small increase in unit holdings and several large acquisitions 
characterize the AHF 50 Owners’ 2017.

Read article »

Top 50 Affordable Housing Owners of 2017

Affordable Housing Finance

The Michaels Organization again tops the list with the most housing units as of Jan. 1, 2018

Read article »

There’s Unmet Demand for Larger Units in Rental Housing

National Real Estate Investor

There are numerous initiatives focused on creating more affordable apartment units. Most of these initiatives are targeting the Millennials—those renters that are between the ages of 18 and 34 and single. These initiatives include “micro” units, which are sized generally below 400 sq. ft., and “adult dormitories,” a communal housing configuration akin to college dormitory experience. We are highly underserved by affordable housing units in the U.S., particularly in the larger coastal cities of New York, Boston, Washington DC, Los Angeles and San Francisco, so all initiatives to add more affordable housing supply should be applauded.

Read article »