The Avanti
Update
11/16/21
The Avanti Trades for $164M
A joint venture between Dantes Community Partners and Jonathan Rose Cos. has acquired The Avanti Apartments in District Heights for $164M. The 930 unit complex, constructed in the mid-1960s features a mix of 1, 2, and 3 bedrooms plus 2 pools, a clubhouse, and a fitness center. The JV has also signed a new long-term affordability covenant with Prince George’s County to ensure 372 units of income and rent-restricted housing will be created with the complex.