press releases
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Avanath Capital Management Acquires Portfolio Encompassing Four Apartment Building in Brooklyn, NY

Done Deals

BROOKLYN, NY – Avanath Capital Management, LLC  , a private real estate investment manager, has acquired a multifamily portfolio encompassing four rent-stabilized apartment buildings in Brooklyn, New York in an off market transaction. The properties were acquired in joint partnership with Oak Tree Management for a total of $60 million.

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Avanath Capital Management Acquires Apartment Building Portfolio in Brooklyn for $60M

Northeast Real Estate Business

NEW YORK CITY — Avanath Capital Management, in joint partnership with Oak Tree Management, has acquired a four-property multifamily portfolio in Brooklyn. The rent-stabilized apartment buildings sold for $60 million in an off-market transaction.

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