Author: mckinleyalbertso
TruAmerica Multifamily Acquires Two Dallas-Area Communities; Adds More than 500 Units to TX Holdings
Mission Ranch DALLAS – Aug. 30, 2021 – PRLog — TruAmerica Multifamily (“TruAmerica”) doubles its portfolio in Texas with the acquisition of The Heights and Mission Ranch apartments. The two Dallas-area properties, acquired in separate transactions total more than 500 apartment homes and represent the Los Angeles-based value add multifamily investment firm’s third and fourth investments in Texas since entering the market in December 2020. Mission Ranch Apartments is a 295-unit Class-B property of one-, two-, and three-bedroom apartment homes. The Heights is a 35-acre property of 162 single-family townhomes and 84 apartments. With these properties, TruAmerica has now acquired ... Read more