Oct
19
TruAmerica Acquires $47M Orlando Community
ByAs one of the strongest multifamily markets in the U.S., Orlando has a very frothy investment market. TruAmerica intends to enhance the 300-unit property located between the area’s chief financial drivers.
The Carroll Organization and Goldman Sachs Asset Management Private Real Estate sold a 300-unit multifamily community in East Orlando. TruAmerica Multifamily bought the asset for more than $47 million. Located at 102000 Falcon Pine Blvd., Arium Falcon Pines occupies a 21-acre site.
The property features 48 one-bedroom, 168 two-bedroom and 84 three-bedroom apartments. Lake Nona’s Medical City, the Central Florida Research Park and the University of Central Florida are all nearby…
