TruAmerica Multifamily

Overview

TruAmerica Multifamily is a Los Angeles-based investment firm specializing in the acquisition, renovation, and management of multifamily housing throughout the United States. Founded in 2013 by Robert E. Hart and The Guardian Life Insurance Company of America, the firm has grown to manage a portfolio valued at approximately $16 billion, encompassing over 55,000 apartment units across 16 states and more than 30 markets. The company's investment strategy focuses on value-add opportunities, targeting Class B apartment communities in both Western and Eastern U.S. markets. The firm's approach involves acquiring properties with potential for improvement through strategic renovations and repositioning. TruAmerica's vertically integrated platform includes capabilities in acquisitions, asset management, construction, and property management, enabling efficient execution of its investment strategies. The company has expanded its reach by forming joint ventures, such as the $1 billion affordable housing partnership with Manulife Investment Management, aimed at acquiring income-restricted assets backed by Low-Income Housing Tax Credits. TruAmerica's leadership team comprises professionals with extensive experience in real estate, investment, finance, construction, and asset management. The firm's commitment to enhancing the quality of rental housing aligns with its mission to meet the needs of America's workforce housing market. TruAmerica continues to pursue growth opportunities, focusing on delivering value to its investors and improving communities across the nation.

Investment Focus

• Properties with potential for value-add through renovations and repositioning
• Class B apartment communities in both Western and Eastern U.S. markets
• Income-restricted assets backed by Low-Income Housing Tax Credits