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Apartment Developer Partnership Aims To Open 5,000 Affordable Units by 2030

Avanath Capital, Vessel Technologies Bet on Standardized Designs, Off-Site Manufacturing To Cut Costs

A rendering for a Vessel Technologies development in Rocky Hill, Connecticut, showcases the company's concept for simple, repeatable designs aimed at cutting costs and lowering rents. (CoStar)
A rendering for a Vessel Technologies development in Rocky Hill, Connecticut, showcases the company's concept for simple, repeatable designs aimed at cutting costs and lowering rents. (CoStar)

Avanath Capital Management and Vessel Technologies have formed a strategic partnership for the acquisition, development and operation of multifamily projects in key markets throughout the United States with the aim of opening more than 5,000 affordable and workforce housing units by 2030.

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