DB&R Marketing Communications

Transformative 201,000-Square-foot transit oriented development located adjacent to new Purple Line Metro Station at Wilshire and La Brea will include first institutional quality hotel on Miracle Mile

TruAmerica Multifamily has acquired Ridgemont at Stringers Ridge, a 226-unit multifamily community in Chattanooga, TN. Ridgemont at Stringers Ridge is TruAmerica's first acquisition in Chattanooga and third in Tennessee in the last 10 months.

Private equity real estate investment firm Viking Partners on behalf of its fourth value-add fund has acquired a fully leased 337,000-square-foot distribution/light manufacturing facility in Louisville, KY in an off-market transaction for $15.3 million.

TruAmerica Multifamily has grown its Texas portfolio to nearly 1,500 apartments in less than nine months with its first acquisition in San Antonio, the 270-unit The Estates at Canyon Ridge for $46.7 million.

Mesa West Capital has provided a privately held real estate management and development firm with $77 million in first mortgage debt to fund its recent acquisition of Alta Congress, a 369-unit multifamily property in Delray Beach in Florida's Palm Beach...

Viking Partners ("Viking") has made its first real estate investment in South Carolina with the off-market acquisition of North Rhett Executive Center, a 64,801-square-foot office/flex building in North Charleston for $11.2 million.

TruAmerica Multifamily ("TruAmerica") has added more than 250 units to its multifamily portfolio in Massachusetts with the acquisition of the Marquee at Andover and Lux at Stoughton in two separate transactions.

Intercontinental Real Estate Corporation ("Intercontinental") in joint venture with Security Properties have acquired Broadleaf Apartments, a 244-unit Class B+ garden-style apartment community located in the Pocket neighborhood of Sacramento, CA.

In one of the largest value-add multifamily transactions by unit count in Austin this year, Archway Equities (Archway) and CAF Capital Partners (CAF) has acquired The Morgan, a 504-unit community in Austin, TX.

TruAmerica Multifamily ("TruAmerica") doubles its portfolio in Texas with the acquisition of The Heights and Mission Ranch apartments.