Clockwise, from top left: TruAmerica Multifamily Founder, President and CEO Robert E. Hart built the firm's management team, consisting of COO Lynn Owen; Matt Ferrari, Senior Managing Director, Acquisitions; Noah E. Hochman, Senior Managing Director, Capital Markets; and Mark Enfield, Chief Administration Officer.
TruAmerica Multifamily was founded in 2013 on the premise that repositioning class B apartment communities presents a tremendous value proposition for investors. The company targets working American renters living in markets where the supply and cost imbalances are the greatest. Since it launched, the firm has acquired 96 properties and has 151 assets under management. All together, it manages a $7.9 billion portfolio of 37,240 units throughout the Western and Eastern US.
The company is a partnership between industry veteran Robert E. Hart and Guardian Life Insurance Co. of America, a Fortune 250 company.
TruAmerica's transformative moment took place in 2015, when it partnered with an syndicate of institutions to acquire a 14-property, 2,669-unit portfolio for $482 million in what was the largest multifamily buy in Southern California in nearly two decades. Today, the firm continues to expand its holdings by selectively acquiring, renovating, and effectively managing multifamily properties.
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Sule Aygoren
Aygoren oversees the editorial direction and content for ALM’s Real Estate Media Group, including Real Estate Forum and GlobeSt.com. In her tenure with ALM, she’s held roles of increasing responsibility, including Managing Editor. Aygoren has received several awards for her coverage including Best Trade Magazine Report from the National Association of Real Estate Editors and the James D. Carper Award for Young Journalists. Under her direction, Forum has received four national NAREE awards for Best Commercial Real Estate Trade Magazine.
