TruAmerica Multifamily Acquires Chase Heritage Apartments in Sterling, Virginia for $72M

TruAmerica Multifamily Acquires Chase Heritage Apartments in Sterling, Virginia for $72M

STERLING, VA. — TruAmerica Multifamily has purchased Chase Heritage Apartments, a 236-unit community located at 1212 Chase Heritage Circle in Sterling, a suburb of Washington, D.C. McDowell Properties sold the garden-style property for $72 million. Robert Dean and Jonathan Greenberg of Institutional Property Advisors’ (IPA) Mid-Atlantic office represented the seller in the transaction. Built in 1986, Chase Heritage has had multiple renovations c…

TruAmerica Acquires Multifamily Asset Chase Heritage Apartments in Prime Washington DC Submarket

TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired Chase Heritage Apartments, a 236-unit garden-style apartment community in the Washington, D.C. market. “Northern Virginia is the top market in the D.C. MSA, and we continue to leverage our expertise and scale to expand in high growth markets,” said Matt Ferrari, Head of Acquisitions and co-CIO […] The post TruAmerica Acquires Multifamily Asset Chase…

Nomadix Unveils What's Next for Multifamily at Apartmentalize 2025

Nomadix is headed to Las Vegas for NAA Apartmentalize 2025, June 11-13, 2025. This is one of the largest and most anticipated conferences for the rental housing sector, where over 12,000 industry professionals network, discuss market challenges and share ideas and solutions that impact the future of multifamily housing. This year’s 100+ educational sessions will cover high-impact topics around AI, generational diversity, ESG and operational effi…