TruAmerica Multifamily Makes Largest Arizona Investment with $80.9M Apt Buy

TruAmerica Multifamily has made its largest investment in Arizona with the acquisition of Scottsdale Springs, a 644-unit institutional quality multifamily community in Downtown Scottsdale, Ariz. TruAmerica acquired the property from NY-based Abacus Capital Group in an off-market transaction valued at $80.9 million. Located at 7791 East Osborn Road, Scottsdale Springs is the third acquisition in…