LOS ANGELES—In this exclusive Q&A, GlobeSt.com sat down with TruAmerica president and CEO Bob Hart to find out his perspective of the multifamily market in the upcoming year, the latest happenings with TruAmerica, his newest venture, and where he is finding the most opportunities. Hart will speak on the Multifamily in Los Angeles panel at our upcoming RealShare Los Angeles conference on March 25 at the Hyatt Century Plaza Los Angeles.

GlobeSt.com: Multifamily was the major theme of 2013. Do you see it continuing to be a major theme of 2014, or will things begin to balance out?

Hart: I think multifamily has a lot of legs, but I have a dog in the fight because this is my business. I am a little biased. You really have to see more product coming out in tight markets like Southern California to maintain momentum and deal flow because when capital can't find a home, people go elsewhere. I think the market is going to be driven by sellers who are willing to sell and opportunities coming from development.