TruAmerica Ventures into Spartanburg BFR Market

TruAmerica Multifamily acquired a 33-acre site in the Spartanburg, SC market and announced plans to develop Hartley View, an $86-million Build-for-Rent (BFR) community. The land acquisition sets the stage for TruAmerica’s first BFR development, which will encompass 281 units and include a mix of 214 front-loaded townhomes as well as 67 detached, front-loaded single-family residences.

Site work at the Inman, SC location is slated to begin in Summer 2024, and vertical construction is anticipated to commence on the project in December 2024. Delivery of the first units is scheduled for Summer 2025.

Residential layouts will feature garages and backyards. Hartley View’s unit sizes range from nearly 1,260-2,200 square feet.

Amenities include a pool, dog parks, playgrounds, community parks, and more than four acres of open wooded and recreation spaces connected to a trail system and adjacent to old-growth trees and wetlands.

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