Fox Creek Apartments, Thornton, Colo.

TruAmerica Multifamily, Magnolia Real Estate Fund Acquire Fox Creek Apartments in Thornton for $53M

by Jeff Shaw

THORNTON, COLO. — TruAmerica Multifamily and the Magnolia Real Estate Fund have acquired the 287-unit Fox Creek apartments in Thornton for $53 million. The community is located at 12220 Colorado Blvd. The property was built in two phases between 1984 and 1999. CBRE’s David Potarf and Dan Woodward  represented the buyers and private seller. TruAmerica financed the acquisition through Freddie Mac’s select sponsor program.

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