press releases
& articles

Lauderdale rental property sells for $338,235 per unit

The Real Deal

Avanath Capital Management and Oak Tree Residential paid $11.5 million to acquire Harbor Pointe, a 34-unit rental housing property in Fort Lauderdale. Avanth is an Irvine, California-based institutional fund investor in affordable and workforce housing.

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Avanath Snaps Up Seattle Workforce Housing

Bisnow Seattle

Affordable housing investor Avanath Capital Management recently acquired two workforce assets, the Lodge at Peasley Canyon, a 339-unit property in Seattle, and Harbor Pointe, a 34-unit property in Fort Lauderdale, for a total of more than $84M. Avanath president and chief investment officer John Williams tells us there’s a limited supply and virtually unlimited demand for affordable and workforce housing in the Seattle market.

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Fishing the Talent Pool

Real Estate Forum

Mentoring and training are some of the most important components in finding the next crop of CRE professionals.

“For any business to grow and thrive, the existing generation of leaders must be willing to delegate more responsibility to the next group of leaders.” – Daryl Carter, Avanath Capital Management

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Middle Market Digest: This Week In The North West

GlobeSt

Here’s a look at this week’s trends, announcements and deals that you may have missed in the country’s North West region.

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Avanath Capital Management Expands Portfolio

Done Deals

SEATTLE, WA -– Avanath Capital Management, an institutional fund manager that invests in affordable and workforce housing, has acquired two workforce housing assets including The Lodge at Peasley Canyon, a 339-unit property in Seattle, Washington, and Harbor Pointe, a 34-unit property in Ft Lauderdale, Florida, for a total of $84.8 million.

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New owners of Fort Lauderdale apartments say they’re keeping affordable rent

Sun Sentinel

Harbour Pointe, a 34-unit apartment community billed as one of the cheaper rentals in eastern Fort Lauderdale, has sold for $11 million — and the new owners say they want to keep the property affordable for service-industry workers.

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Avanath Capital Closes $85M Workforce Housing Deal

Multi-Housing News

The institutional manager purchased properties in Seattle and Fort Lauderdale, two growing markets with a shortage of affordable housing supply.

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Avanath Pays $85M for Workforce Housing

Connect Media

Avanath Capital Management expanded its workforce housing portfolio by acquiring the 34-unit Harbour Pointe in Fort Lauderdale, FL for approximately $11.5 million. The company also broadened its Seattle presence with its buy of Lodge at Peasley Canyon in Seattle for $73.3 million. Avanath teamed with Oak Tree Residential on the Fort Lauderdale transaction.

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Avanath Capital Management Buys Seattle Workforce Housing Asset for $73.3MM

SEATTLE, Wash. – Avanath Capital Management, an institutional fund manager that invests in affordable and workforce housing, has acquired two workforce housing assets including The Lodge at Peasley Canyon, a 339-unit property in Seattle, Washington, and Harbor Pointe, a 34-unit property in Ft Lauderdale, Florida, for a total of $84.8 million. Avanath purchased Harbor Pointe with joint-venture partner Oak Tree Residential.

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Avanath Capital Management Buys Workforce Housing in Florida, Seattle for $84.8M

RE Business Online

FORT LAUDERDALE, FLA. AND SEATTLE — Avanath Capital Management has acquired The Lodge at Peasley Canyon in Seattle and Harbour Pointe in Fort Lauderdale for a total of $84.8 million.

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