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| Overlook at Anaheim Hills, CA Senior Housing Community |
ANAHEIM HILLS, CA, April 19, 2021 –Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired its second senior housing community in Orange County in less than 90 days, Overlook at Anaheim Hills in Anaheim Hills, California.
The 261-unit mixed-income senior apartment community was purchased for $87.5 million.
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| Daryl J. Carter |
“Overlook
is our second acquisition in our home county of Orange County over the past few
months,” says Daryl Carter, Founder, Chairman and CEO of Avanath Capital
Management.
“Overlook at Anaheim Hills is a senior community, which is a very attractive property as the aging Baby Boomer generation is continuing to downsize and look for quality housing options that are also affordably priced."
Overlook at Anaheim Hills is located at 145-235 South Festival Drive in Anaheim, California.
CONTACTS:
Micaela
Fehrenbach /Lexi Astfalk
Brower Group
949-438-6262
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