Our mission is to be the preeminent multifamily investment platform by providing workforce America with affordable high-quality rental homes, while adhering to our core principles of integrity, discipline, and dependability.
With our institutional investment partners, TruAmerica has acquired a portfolio of multifamily communities throughout the U.S.
Property owners will have to focus on the basics, such as driving top-line revenue, controlling expenses and making consistent investor distributions, said Matt Ferrari, co-chief investment officer and head of acquisitions at TruAmerica Multifamily. "Equity is going to revert back to the best-in-class operators that have a consisten track record with the best sources of capital."More
"Come Fall, we should see an uptick as investors try to meet their allocations for capital deployment. So it’s a bit of a recalibration, which sometimes is just a chance to reeducate the investor base when debt pricing and asset pricing have moved," said Ammaneul Metta, senior director of acquisitions in the Dallas office of TruAmerica Multifamily.More
TruAmerica has acquired a batch of communities totaling nearly 1,500 units in Florida, Arizona and Ohio. The firm acquired the five suburban apartment communities for undisclosed amounts in three separate transactions around the same time Matthew Ferrari, co-CIO at TruAmerica who led the acquisition team, said in prepared remarks that Sun Belt markets like Phoenix and Orlando are seeing strong fundamentals. The markets also showed resilience even with the pandemic and a rising interest rate environment.More