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TruAmerica Lands $300M for 5 Communities

TruAmerica Multifamily has obtained $300 million for the refinancing of five communities located in Florida, Georgia, Arizona and Tennessee. ....

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CRE veterans move to Newmark's Nashville office – REJournals

CRE veterans move to Newmark's Nashville office – REJournals
rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.

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Newmark closes $100 million sale of 468-unit apartment community in Nashville market

Newmark closes $100 million sale of 468-unit apartment community in Nashville market
rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.

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Franklin apartment property sells for $100M

A Cool Springs apartment property has sold for $100 million, more than twice the figure for which it last changed hands roughly eight years ago.
The new owner of Viera Cool Springs is Royal Oaks Fee Owner, an affiliate of Los Angeles-based real estate investment firm TruAmerica Multifamily. The seller was Viera Holdings LLC, an affiliate of Miami-based Lindemann Multifamily Management. Led by George Lindemann and Jud Laird, the LLC paid $44 million for the property in 2013, according to Williamson County property records.
Located at
300 N. Royal Oaks Blvd. at that road s intersection with Liberty Pike, Viera Cool SpringsÂ opened in 1986 and comprises multiple two-story buildings with a collective 468 residences. As such, the transaction is the equivalent of almost $214,000 per unit. ....

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