TruAmerica Multifamily

  • New Pinnacle for M-F Community

    The 524-unit Broadstone Solis multifamily community in central Las Vegas will soon get its second wind as Pinnacle Property Management Services LLC has taken upon itself the role of property manager.

    Las Vegas 14 July 2015 22:08
  • TruAmerica’s Western Campaign Hits Las Vegas

    Currently finding itself in the midst of an expansion campaign throughout improving markets in the Western U.S., TruAmerica Multifamily just completed an acquisition in the Las Vegas market. This is the L.A.-based value-add multifamily investment firm’s inaugural purchase in the state of Nevada. The company also marked its debut in the Portland and Salt Lake City markets during recent weeks.

    Las Vegas 16 June 2015 21:37
  • TruAmerica Apartment Buy Tops the Charts

    TruAmerica has netted the largest Southern California multi-family asset acquisition in almost 20 years.

    West 22 January 2015 15:22
  • Capri Capital Partners Joins Forces with TruAmerica Multifamily for the $283 Million Acquisition of The Vermont

    A partnership of Capri Capital Partners and TruAmerica Multifamily just completed the larges multifamily, mixed-use transaction in the state of California for the current year. The partnership closed on a deal worth $283 million, for the recently completed The Vernon high-rise apartment complex in the Los Angeles submarket of Koreatown. Property management duties at the complex will be carried out by Lincoln Property Company, the entity being hand-picked by the new ownership group.

    Los Angeles 04 August 2014 04:27
  • TruAmerica Multifamily, Berkshire Group Pay $35M for Avenue 25 Apartments in Phoenix; Security Properties Buys Mesa M-F Asset

    TruAmerica Multifamily and an affiliate of Berkshire Group, The Guardian Life Insurance Co. of America, recently announced the $35.4 million acquisition of Avenue 25 Apartments in Phoenix. The off market transaction was supported by a $24.78 million pre-stabilization debt financing provided by Capital One Commercial Bank.

    Phoenix 27 July 2014 14:49
  • TruAmerica Buys M-F Portfolio in Colorado, Washington for $229M

    TruAmerica Multifamily continues building its West Coast apartment holdings with the $229 million acquisition of a 1,514-unit portfolio in Colorado and Washington from Berkshire Group.

    National 11 July 2014 14:38
  • Oceanside M-F Asset Commands Record Per-Unit Price

    The San Diego residential market recently recorded a substantial deal when a rental townhouse development was purchased, setting a per-unit record in terms of the fee. The property is located in the Oceanside submarket of San Diego, and formerly owned by ConAm Group, who sold the property to L.A.-based investor, TruAmerica Multifamily, part of a joint venture with Guardian Life Insurance, the San Diego Union-Tribune writes. The total fee that ConAm received for its asset stood at around $81 million, with the per-unit rate at approximately $366,516, a record for Oceanside a record for the submarket.

    San Diego 19 November 2013 18:27

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