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Avanath Capital Expands Presence in NorCal With $182 Million Acquisition of Affordable Housing Multifamily Portfolio

SACRAMENTO, CA – Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, announces it has acquired in an off-market transaction, six affordable family and senior multifamily communities in the Sacramento, California, metropolitan area with an investment value of more than $181.6 million.
The acquisition expands Avanath’s presence in the Northern California market, a region where accessibility to affordable housing has become. ....

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