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Avanath seeks to grow affordable housing base

Real Estate Finance & Investment

Avanath Capital Management, which seeks investment opportunities in sectors that are underserved by institutional capital, is looking to expand its base in affordable housing. “We invest in markets where there is either a disconnect between market rents and what we deem to be affordable workforce housing rents,” said John Williams, president and CIO. The company recently completed the acquisition of a two-property, 553-unit portfolio in Orlando and Cary, N.C., and seeks deals in markets in Northern and Southern California…

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