TruAmerica buys 324-unit, The Villas at Old Concord, its fifth Boston-area multifamily acquisition for $86.5M ($266,975/unit) from Barings

9/26/2024

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Connect CRE

• Subcategory: MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: TruAmerica Multifamily, Barings

TruAmerica Multifamily, a national, institutionally focused multifamily investment firm, acquired the Villas at Old Concord, a 324-unit apartment community in the Boston suburb of Billerica, MA. The acquisition price was not disclosed. The acquisition marks TruAmerica’s fifth in the Boston metro area.