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Trilogy Real Estate Group Completes $85.8 Million Acquisition of Azalea Apartment Community in East Tampa Opportunity Zone

TAMPA, FL - Trilogy Real Estate Group, a Chicago-based real estate investment and property management firm, announced the acquisition of Azalea Apartments, a 289-unit multifamily community that is currently under construction in the East Tampa neighborhood of Brandon, for $85.8 million. Azalea will join Trilogy s growing portfolio of investments located in qualified opportunity zones.
Investments in qualified opportunity zones benefit from the provisions of the 2017 Tax Cuts and Jobs Act that. ....

United States , Matt Leiter , Jesse Karasik , Trilogy Real Estate Group , Real Estate Group , Azalea Apartments , East Tampa , Jobs Act ,

Chicago Firm Closes Fifth Multifamily Fund at $100M

The investment vehicle will back the final stages of construction at three Midwestern multifamily developments. Trilogy Real Estate Group has closed its fifth multifamily fund, exceeding its original fundraising goal. The investment vehicle was oversubscribed at more than $100 million. ....

United States , Park Ridge , Lewis Center , Cottage Grove , Ann Arbor , Tierra Mallorca , Jesse Karasik , Rivertown Commons , Trilogy Real Estate Group , Trilogy Multifamily Fund , Real Estate Group ,