[New post] TruAmerica Pays $90Mln for 2 Suburban Boston Apartment Properties

Dan Moynihan posted: "Commercial Real Estate Direct Staff Report TruAmerica Multifamily has paid $90 million for two apartment properties with 269 units in suburban Boston. The Los Angeles investment manager paid $48.5 million, or $314,935/unit, for the 154-unit Point at" New post on Commercial Real Estate Direct TruAmerica Pays $90Mln for 2 Suburban Boston Apartment Properties by Dan Moynihan Commercial Real Estate Direct Staff Report TruAmerica Multifamily has paid $90 million for two apartment properties with 269 units in suburban Boston. The Los Angeles investment manager paid $48.5 million, or $314,935/unit, for the 154-unit Point at Stoughton in Stoughton, Mass., about 20 miles south of Boston, and $41.5 million, or $360,870/unit, for the 115-unit […] Read more of this post Dan Moynihan | September 23, 2021 at 3:49 pm | Categories: General News | URL: https://wp.me/pcdE10-2iNU Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/09/23/truamerica-pays-90mln-for-2-suburban-boston-apartment-properties/