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TruAmerica Expands Sun Belt Reach With Acquisitions in Nashville and Phoenix

Investor Paid Almost $200 Million for Multifamily Properties in Tennessee and Arizona Capitals
TruAmerica Multifamily, a value-add investor based in Los Angeles, acquired the Viera Cool Springs, an apartment property in Nashville, Tennessee. (CoStar)
TruAmerica Multifamily, a value-add investor based in Los Angeles, acquired the Viera Cool Springs, an apartment property in Nashville, Tennessee. (CoStar)

TruAmerica Multifamily, a buyer of apartment complexes with the potential to be increased in value through renovation, has acquired two properties in Sun Belt housing markets on opposite sides of the country where investor interest is heating up.

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