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TruAmerica Multifamily acquires apartment community in Florida

US-based real estate investment firm, TruAmerica Multifamily, LLC, has acquired Island Club in Orlando, Florida, PE Hub reported. The deal is valued at $64 million. The property is an apartment community spread over 42-acre. CBRE represented the seller on the transaction while CBRE Capital Markets arranged the financing for the transaction.

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Commercial Real Estate, Commercial Real Estate deals,Real Estate,Real Estate deals,Multifamily,Multifamily community