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Los Angeles-based TruAmerica Multifamily, a leader in multifamily investment, announced the launch of its new structured finance vertical, a strategic initiative to complement its flagship value-add investment platform. The firm has appointed veteran real estate finance executive Ash Baraghoush as senior managing director to spearhead the effort, which follows on the mid-January launch of TruAmerica’s affordable housing vertical.
The structured finance vertical will leverage TruAmerica’s national footprint to launch preferred equity and mezzanine debt offerings for multifamily. The preferred equity platform aims to meet market demand amid the elevated interest rate environment and continued capital markets dislocation