TruAmerica Multifamily, a leader in multifamily investment, is pleased to announce the launch of its new Structured Finance vertical, a strategic initiative to complement its flagship value-add investment platform. To spearhead this effort, the firm has appointed veteran real estate finance executive Ash Baraghoush as Senior Managing Director.
This announcement comes as TruAmerica continues to expand its core team and business lines. Following the mid-January recent launch of its Affordable Housing vertical, the introduction of Structured Finance marks another milestone in the firm’s growth and diversification strategy.
“We are thrilled to welcome Ash to the team at such an exciting time for TruAmerica,” said Robert Hart, President & CEO of TruAmerica. “His expertise in structured finance will allow us to broaden our platform and create new opportunities to benefit our investment strategies and the communities we serve. The launch of this vertical, alongside our recent expansion into Affordable Housing, underscores our commitment to evolving with market needs and delivering innovative solutions.”
The Structured Finance vertical will leverage TruAmerica’s national footprint to launch preferred equity and mezzanine debt offerings for multifamily. The launch of TruAmerica’s preferred equity platform will strategically meet market demand amidst today’s elevated interest rate environment and continued capital markets dislocation. “TruAmerica’s preferred equity offering will fill ongoing equity gaps for multifamily acquisitions, recapitalizations, loan rebalancings, and development transactions,” said Noah Hochman, Co-Chief Investment Officer and Head of Capital Markets for TruAmerica Multifamily.
Ash Baraghoush joins TruAmerica from Pacific Urban Investors, bringing deep expertise in developing and managing structured finance platforms. His prior experience at Ares Management further positions him to lead this new initiative with precision and vision. Baraghoush holds a BA in Business Economics with a minor in Accounting from the University of California, Los Angeles.
TruAmerica’s recent growth initiatives include the addition of Affordable Housing and Structured Finance as strategic verticals, complementing its established value-add strategy and its expanding Build-for-Rent program. With over $15.5 billion in assets under management and a national portfolio spanning more than 60,000 units, TruAmerica remains at the forefront of multifamily investment.
