trending Market Intelligence /marketintelligence/en/news-insights/trending/GhvMzZY_4wKSMhfw4nBw6Q2 content esgSubNav
In This List

TruAmerica Multifamily buys Raleigh, NC, assets for $109M

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


TruAmerica Multifamily buys Raleigh, NC, assets for $109M

TruAmerica Multifamily LLC bought three apartment communities in Raleigh, N.C., from Bahrain's Investcorp for $108.7 million, the Triangle Business Journal reported.

The portfolio comprises the 362-unit Duraleigh Woods Apartments at 5600 Briar Oaks Lane, the 276-unit Bridgeport Apartments at 4101 Lake Lynn Drive and the 192-unit Sailboat Bay Apartments at 3221 Lynn Ridge Drive.

Investcorp acquired the assets for $83 million in 2016.