Avanath Capital Management acquires 315-unit high rise apartment community in Washington D.C. for $103.5 million

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired 2M Street Apartments, a 315-unit high rise apartment community in Washington D.C. The mixed-income apartment tower located north of the Capitol Building and two blocks from the NoMa-Gallaudet U Red Line Metro station was acquired for $103.5 million.