TruAmerica Multifamily Buys Three Las Vegas Apartment Communities
LAS VEGAS — TruAmerica Multifamily has purchased three multifamily communities in Las Vegas. The purchase price was not disclosed. The Class B portfolio contains a total of 802 units. The properties include Oasis Gateway, Oasis Palms and Oasis Vinings. All three assets are situated within 2.5 miles of one another in the northwestern part of the valley. They were built between 1989 and 1997. TruAmerica will immediately implement a capital improvement program across all three properties. The assets were purchased in partnership with MSD Capital.