TAMPA, FL – Los Angeles-based multifamily investment company TruAmerica Multifamily has purchased a 372-unit apartment community in the Tampa suburb of Brandon, FL. The firm acquired the asset in partnership with funds managed by Eagle Realty Group.
The transaction represents TruAmerica Multifamily's 12th acquisition in the Tampa market, and its 26th investment in the state of Florida.
The acquired property includes Charleston Landings and Charleston Edge. Charleston Landings, built in 1986, offers one-, two- and three bedroom units that range from 503 square feet to 1,162 square feet. The development's second boutique phase, Charleston Edge, built in 2016, offers one- and two-bedroom units that range from 789 square feet to 1,281 square feet.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
