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Avanath Capital Management Acquires Two MF Properties

IRVINE, CA—Developments are in Oakland an Kent WA, as the Orange County-based affordable housing specialist makes its first buy in the Pacific Northwest.

IRVINE, CA—Private investment firm Avanath Capital Management has acquired two affordable West Coast multifamily assets. Silver Springs is a 251-unit property in the Seattle metro suburb of Kent, WA. Oak Village, is a 117-unit property in Oakland, CA. Silver Springs is the multifamily specialist’s first acquisition in the Pacific Northwest.

Avanath has acquired Oak Village, in Oakland for community in for $12.6 million. Avanath has acquired two West Coast properties including Oak Village, in Oakland for $12.6 million.

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David Phillips

David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.

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