TruAmerica buys 288-unit, suburban SLC value-add asset for $31.8M ($110,416/unit) from Investors Capital Group

  • 6/3/2024

|

MHN
• Subcategory:
• Tag:
• Additional Filters-Subcategory:
• Additional Filters-Tags:

TruAmerica Multifamily has purchased The Falls at Canyon Rim, a 288-unit property in Ogden, Utah, expanding its portfolio in the state to four communities. Investors Capital Group was the seller. The value-add asset traded for $31.8 million, with First American Title Insurance Co. providing $25.6 million in acquisition financing, public records indicate.

TruAmerica Multifamily
Ammanuel Metta | Senior Director, Acquisitions
ICG (Investors Capital Group)
Jim McCullough | SVP Finance & Acquisitions

Additional Filters

Subcategory
Tags