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.
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.
TruAmerica Multifamily has entered the Texas market with the $63.5 million acquisition of the 408-unit Arbors of Las Colinas. Yardi Matrix data shows that the multifamily firm acquired the community in Irving, TX from the Kislak Co.More
TruAmerica Co-CIO Matt Ferrari said the company played defense until May to make sure the portfolio would perform on rent collections. By October, the company made five acquisitions totaling 1,480 units in Atlanta, Las Vegas, Orlando and Tampa, Fla., and Southern California and expected more before year-end.More