TruAmerica Multifamily
Investment ManagementCalifornia, United States51-200 Employees
TruAmerica Multifamily is an investment management firm that focuses on acquiring and repositioning multifamily properties, with a particular emphasis on Class B communities. It aims to improve asset performance through tailored renovations, repositioning strategies, and active asset management. Founded in 2013 and based in Los Angeles, California, the company operates as a partnership between Robert E. Hart and The Guardian Life Insurance Company of America, a long-standing mutual insurer. As one of the more active multifamily investors in the United States, TruAmerica manages a portfolio valued at about $7.9 billion and comprising roughly 37,240 units across locations in the Western and Eastern United States. Its growth strategy centers on selective acquisitions and disciplined management to expand its footprint. In 2026, reports highlighted the firm’s Atlanta expansion through the Tower on Piedmont project, signaling ongoing geographic growth.