Keith Harris |
IRVINE,
CA (Jan. 13, 2020)— Avanath Capital Management, LLC,
a private real estate investment manager and Registered Investment Adviser, has
added Keith Harris as the firm’s new executive vice president of
acquisitions.
The firm has
also opened two new office locations in Chicago, IL and Alexandria, VA.
According to John
Williams, Avanath’s president and CIO, this expansion is in line with the
company’s trajectory as it comes on the heels of Avanath surpassing $2 billion
in AUM.
“We have
rapidly been expanding our presence throughout the U.S.,” says Williams. “The
addition of Keith Harris and our new regional offices will aid in bolstering
this growth.”
John R. Williams |
As executive
vice president, Harris is responsible for overseeing the firm’s acquisitions
across the U.S. This includes all aspects of the acquisitions process including
identifying and sourcing deals, due diligence, underwriting, and financing.
“Harris is a
seasoned veteran with more than 30 years of industry expertise,” adds Williams.
“He is the perfect addition to guide our acquisition strategy in 2020 as we
continue to increase our portfolio of affordable and workforce housing assets.”
Harris is the
Chairman of the Multi-Family Green Housing Council of the Urban Land Institute
(ULI), and an active member of the National Multi-Family Housing Council (NMHC).
Avanath currently owns 79 assets across 12
states and 41 different cities.
Founded by Daryl J. Carter, the Avanath
management team averages 25 years of experience and has successfully guided
investment funds in defining growth opportunities and delivering past returns
that have performed on par with or surpassed the relative benchmark(s).
Contact:
Lexi Astfalk
(949) 438-6262
No comments:
Post a Comment