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| Kat Flowers |
IRVINE, CA – Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, announces the continued expansion of its property management team and capabilities this year.
As part of the firm’s commitment to
implementing multifamily operational strategies and professional opportunities
that optimize the employee and resident experiences as well as property
performance, Avanath appointed
Kat
Flowers as Vice President, Education and Program Development and Matt
Race as Vice President, Building Services, according to Avanath’s Founder,
Chairman, and CEO Daryl J. Carter.
“Avanath’s
extensive expertise in the affordable and workforce housing space includes
leveraging our operations strategies even in more challenging transactional and
inflationary environments,” says Carter.
Matt Race
Avanath began its initiative to
strengthen residential services through property management with the
appointment of Carly Stevenson to Executive Vice President of Property
Management in late 2022.
residents and investors also benefit,
regardless of the economic realities we are all facing.”
Prior to joining Avanath, Flowers spent over 15 years with Legacy Partners Residential in a multitude of roles. In addition to her time at Legacy, Kat has been an active trainer in multiple NAA certifications for the past decade through the Apartment Association of Metro Denver.
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| Carly Stevenson |
Flowers holds her CAM and CAPS certifications and is an AAMD Tribute Award Winner as their selection for “Most Outstanding Community Manager” in Colorado.
As
Vice President of Building Services, Matt Race has developed a
maintenance centralization platform focused on asset preservation, as well as
training and networking initiatives for the Avanath team since joining this
year.
“Consolidating
and standardizing maintenance has a tremendously positive impact on multifamily
owners’ bottom line and goes a long way toward preserving asset value in all
economic climates,” says Race.
Daryl J. Carter
“Similarly, providing our team with ongoing training courses and access to networking events deepens their knowledge and connections in the industry and positions us for additional efficiencies that keep Avanath both strong and nimble.”
Race
previously spent nearly 30 years in facility management roles with firms
including CBRE, Walgreens, and Goodwill Industries.
About
Avanath Capital Management
Avanath Capital
Management is a privately
held, vertically integrated investment firm managing real estate and real
estate-related investments generating risk-adjusted returns through current
income and capital appreciation from its investments.
Founded
by Daryl J. Carter, the firm is led by a management team that averages
25 years of experience and that has successfully guided investment funds in
defining growth opportunities.
Contacts:
Elisabeth
Manville / Arleeny Escarcega
The
Smart Agency
949-438-6262
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