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TruAmerica Muifamily pays $209m for three garden-style communities
Transactions - AUGUST 6, 2021

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TruAmerica Muifamily pays $209m for three garden-style communities

by Andrea Zander

TruAmerica Multifamily has paid $209 million for three garden-style communities in Las Vegas, Salt Lake City and Tampa, Fla.

The combined properties total nearly 1,000 apartment units.

The largest of the three communities is the 396-unit Stillwater Palms in Palm Harbor, 23 miles west of Tampa. The other assets include Vida a 252-unit garden-style community in Las Vegas, two miles west of the world-famous Las Vegas Strip, and the Falls at Hunters Pointe, a 276-unit community in Sandy, Utah.

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