TruAmerica Boosts Flagship Business Lines and Introduces BFR Vertical

TruAmerica Boosts Flagship Business Lines and Introduces BFR Vertical

TruAmerica Multifamily, a top multifamily investment firm based in Los Angeles, has recently expanded its flagship team and business lines. The company has also launched a new affordable housing vertical to further diversify its portfolio. Ted Egner has been brought on board to lead acquisitions in the Mid-Atlantic and Northeast markets while Ben Finley will spearhead the affordable housing strategy. Additionally, Stuart Cramer, who previously served as an advisor for TruAmerica, is now joining the team full-time to oversee their build-for-rent (BFR) efforts.

The new affordable housing vertical will be established through an upcoming acquisition of an existing low-income housing tax credit multifamily portfolio. In addition to this expansion into affordable housing investments, TruAmerica’s BFR vertical will now focus on targeted investment strategies in high-demand locations throughout California starting in 2022.

According to Robert Hart , President & CEO of TruAmerica: “These new investment strategies are a natural progression for our platform and complement our extensive track record in value-add properties.” He believes that by expanding their offerings and focusing on diverse market demands , they can create better communities while also scaling their platform.

In the photo: Stuart Cramer

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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