TruAmerica Acquires $47M Orlando Community

As one of the strongest multifamily markets in the U.S., Orlando has a very frothy investment market. TruAmerica intends to enhance the 300-unit property located between the area’s chief financial drivers.

The Carroll Organization and Goldman Sachs Asset Management Private Real Estate sold a 300-unit multifamily community in East Orlando. TruAmerica Multifamily bought the asset for more than $47 million. Located at 102000 Falcon Pine Blvd., Arium Falcon Pines occupies a 21-acre site.

The property features 48 one-bedroom, 168 two-bedroom and 84 three-bedroom apartments. Lake Nona’s Medical City, the Central Florida Research Park and the University of Central Florida are all nearby…

TruAmerica Acquires $47M Orlando Community

Categories : Finance

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