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’s transactions—both acquisitions and dispositions—hit $1.3 billion in 2018. Acquisition volume alone grew to nearly $1 billion in 2018, as the firm has continued to buy in growth markets. In addition to the firm’s transaction volume growth, it is entering 2019 with key promotions to propel future growth. The promotions include Noah Hochman and Matthew Ferrari to co-chief investment officers and Tammi Warner to managing director of transactions and Underwriting.More
TruAmerica Multifamily has jumped into the heated Atlanta apartment market. TruAmerica Multifamily and Tokyu Land U.S. Corp. paid just over $127 million combined for two projects — Vinings Corner in Smyrna and The Prato at Midtown. The value-add acquisitions are the partnership’s first in Atlanta. Since entering the Southeast in 2016, TruAmerica has focused its investments largely in Florida, where it built a nearly 4,000-unit portfolio in Orlando, Tampa, Fort Myers and Palm Beach.More
TruAmerica Multifamily purchased $1 billion of apartment properties in 2018 and plans to acquire roughly the same amount in 2019.
“We will continue to look for under-managed assets or assets with renovation upside in first- and second-ring suburbs around primary and secondary metros,” Ferrari says. “Ideally these suburban assets will be in submarkets that are insulated from new supply.”