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Advenir Azora’s multifamily investments kick off with $345 million in deals

New firm begins work on four build-to-rent projects
Advenir Azora picked up the Varina Oaks apartment complex in the Raleigh, North Carolina, market last year. (CoStar)
Advenir Azora picked up the Varina Oaks apartment complex in the Raleigh, North Carolina, market last year. (CoStar)

Advenir Azora, a multifamily firm formed through the merger of U.S.-based Advenir and Spanish investment manager Azora last fall, has joined the growing list of institutional investors looking to pump billions of dollars into single-family rentals.

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