“I'm excited to be a part of a company that is focused investing in the affordable housing industry to help create quality homes for consumers,” says Monarch Private Capital's Brett Barringer.

Both New Jersey and Florida are undergoing rapid economic growth and expansion, as well as experiencing significant population gains, says John Williams, president of Avanath, leading to increased demand for affordable housing options across both states.

While serviced offices have been around for decades, the term coworking has become a buzzword during the last 10 years with very little metro level data available yet to track historically, says NAI Partners.

Post Road Group and Spruce Capital Partners acquired the 2,000+ unit portfolio.