TruAmerica Expands FL Portfolio with $79M Buy

  • Sept. 13, 2018
  • Multi-Housing News

TruAmerica Multifamily has acquired Solis at Winter Park, a Class B multifamily community in Orlando, Fla., for $79 million. The purchase of this property brings TruAmerica’s investment in Florida to nine assets totaling $500 million. The firm’s apartment portfolio totals more than 3,700 units, with more than 60 percent of those units located in the greater Orlando market. Winter Park most recently traded in September 2014 when BC Property Investments acquired it from Starwood Capital Group for $57.7 million, according to Yardi Matrix.

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