Home Industry News TruAmerica Sells Carriages, a Renton Apartment Complex, for $97.7MM

TruAmerica Sells Carriages, a Renton Apartment Complex, for $97.7MM

The RegistryDecember 15, 20161 Mins read727

Sequoia Concludes Acquisition Rally by Adding 400-Multifamily Units to Their Seattle-Metro Holdings (EDITOR'S NOTE: According to public documents, the transaction closed for $97,750,000, or $244,375 per unit on December 14, 2016. The seller was an entity associated with Los Angeles-based TruAmerica Multifamily, which purchased the asset in June of 2014 for $61.8 million, or $154,500 […]

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