[New post] Avanath Capital Pays $25.3Mln for Berkley, Calif., Apartments

Dan Moynihan posted: "Avanath Capital Management has acquired Acton Courtyard, a 71-unit apartment property in Berkeley, Calif., from Equity Residential. The Irvine, Calif., investment manager paid $25.3 million, or $356,338/unit, for the property and funded its purchase wi" New post on Commercial Real Estate Direct Avanath Capital Pays $25.3Mln for Berkley, Calif., Apartments by Dan Moynihan Avanath Capital Management has acquired Acton Courtyard, a 71-unit apartment property in Berkeley, Calif., from Equity Residential. The Irvine, Calif., investment manager paid $25.3 million, or $356,338/unit, for the property and funded its purchase with a $15.2 million Fannie Mae loan that was provided by Newmark, according to a report in Multi Housing News. The […] Read more of this post Dan Moynihan | August 30, 2021 at 5:46 pm | Categories: General News | URL: https://wp.me/pcdE10-2ivu Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/08/30/avanath-capital-pays-25-3mln-for-berkley-calif-apartments/