John Williams is the president and CIO of Avanath Capital Management, an investment firm that acquires, owns, renovates and operates affordable, workforce and value-oriented apartment communities across the United States.
Williams discusses the drivers behind increased foreign capital flowing to the U.S. affordable housing sector — particularly amid the COVID-19 pandemic — and what this means for institutional investors.
1. What makes U.S. affordable housing assets so attractive to foreign investors, particularly in 2021?
Affordable housing is one of the most in-demand and supply-constrained sectors in commercial real estate. Demand continues to outpace supply at a rapid rate, which is one of the reasons it is so attractive to foreign investors. In fact, the need for quality affordable housing in the United States is not going away. It is actually being exacerbated in the current environment. In 2021, we ant
