TruAmerica Multifamily, in partnership with Oaktree Real Estate Income Trust, has acquired Anzio, a 448-unit class B multifamily community in Atlanta.
Anzio represents the third deal TruAmerica has bought in Atlanta this year and continues the firm’s growth in the Southeast in a meaningful way, according to TruAmerica co-CIO Matthew Ferrari. In January, TruAmerica purchased Junction at Vinings, a 360-unit community, and The Prato at Midtown, a 342-unit property, in separate transactions for a total of $127.35 million.
“The Atlanta market offers excellent multifamily fundamentals and continues to attract Fortune 500 firms from multiple industries, creating strong job and population growth. This has resulted in tremendous demand for well-located, quality rental properties,” said Ferrari, who oversees the firm’s acquisi
