Avanti Residential, a Denver-based multifamily investor and operator, has rolled out its new affiliate Avanti Residential Housing, which will focus on Low-Income Housing Tax Credit (LIHTC) development, acquisition, and preservation.
The new Tampa-based affiliate will initially focus on high-growth metropolitan markets. Avanti Residential currently operates a portfolio encompassing approximately 10,000 units across 40 properties in seven states – Arizona, Colorado, Florida, Kansas, Missouri, Tennessee, and Utah.
Christopher Martiner, formerly a managing director with The Strategic Group, was named to lead the new affiliate.
“The creation of Avanti Residential Housing represents an extension of our core values, enabling us to make a meaningful impact in underserved markets while continuing to provide compelling opportunities for institutional and private investors,” said Christian Garner, president and CEO of Avanti Residential. “Our long-term vision includes the establishment of a nonprofit arm dedicated to furthering our commitment to housing affordability.”
