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.
TruAmerica Multifamily has added 903 apartment units to its portfolio with the acquisition of two garden-style communities in Nashville, Tennessee, and Phoenix in separate transactions totaling $196 million. The Urban, a 435-unit community built in 2005 in Phoenix, is a controlled access property that features floor plans that range in size from studio to three-bedroom, two-bathroom units. In a separate transaction, TruAmerica made its second investment in the Nashville MSA with the acquisition of the 468-unit Viera Cool Springs in Franklin.More
A wide-ranging $2.3 trillion infrastructure plan released by President Joe Biden Wednesday that includes $213 billion to address affordable housing issues for low- and middle-income renters and buyers, upgrades the nation’s public housing stock and seeks to remove barriers to development received wide approval from multifamily executives who said housing has historically helped lead the country out of recession.More
Orie Paul has joined TruAmerica Multifamily as senior director, capital markets and investor relations. Paul joins TruAmerica from PIMCO Investment Management, where he served as vice president and relationship manager out of the global investment firm’s New York office.