TruAmerica Multifamily Makes First Investment in Texas with Acquisition of 408-Unit Arbors of Las Colinas Apartment Community in Dallas
DALLAS, TX – TruAmerica Multifamily has made its first investment in the state of Texas with the acquisition of Arbors of Las Colinas, a 408-unit Class B apartment home community in the Dallas suburb of Irving, TX. “We were looking at numerous opportunities including Arbors three weeks after we opened the office in February, but the world changed and the market shut down in March with the onset of the Covid-19 Pandemic,” said Senior Director Ammanuel Metta who heads the Dallas office. “While it was difficult to gain any transaction momentum for several months, we were closely moni...
Source: multifamilybiz.com