Avanath Capital Management Acquires Three Sacramento Affordable Housing Communities for $56.5MM

SACRAMENTO, Calif., (June 14, 2017) – Avanath Capital Management, LLC, an institutional fund manager that specializes in affordable and workforce housing investments, has acquired an affordable housing portfolio of three apartment communities totaling 468 units in Sacramento for $56.5 million. This acquisition nearly doubles Avanath’s footprint in this market, bringing its total concentration of units […]