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.
In part one of a two-part series, Bob Hart, president and CEO, founder, at TruAmerica Multifamily, discusses workforce housing and why it is important for economic growth in the U.S., how multifamily housing has lead the recovery in past downturns and how multifamily housing will be expected to recover if there is a post-pandemic recessionMore
For Robert Hart, multifamily real estate is more than just a business that has brought him vast success. It’s also a category that Hart, who grew up in an apartment outside Boston, happens to be passionate about. After leadership roles at Kennedy Wilson Inc., Heitman and Executive Life Insurance Co., Hart founded Century City-based real estate investment company TruAmerica in 2013 to fully focus on the multifamily sector. Today, TruAmerica has more than $10 billion worth of multifamily assets under management across 40,000-plus units.More
TruAmerica’s rent payment rate is “tracking close” to prior months, according to Hart, and has progressed from 60% near the start of the month to 93.1% as of April 19. The organization has worked closely with regional managers to work through resident issues and create payment plans and deferrals.More