Debevoise Advises Avanath in the Closing of $760 Million Affordable Housing Fund

12 January 2021

Debevoise & Plimpton LLP has advised Avanath Capital Management, LLC in the formation of Avanath Affordable Housing IV, a $760 million fund dedicated to affordable and workforce housing in the United States. For more information, please see the company’s newsroom.

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.

The Debevoise team was led by partner Jonathan Adler and included partner Peter Furci, associates Gregory Arutiunov, Jennifer Cestaro, Gabriel Pollack and corporate staff attorney Gregory Caramenico.