About TRA Investments
Partnering with developers and operators to create lasting value through years of disciplined performance.
OUR STORY
TRA was founded during the Great Recession and began as a house-flipping business and a private real estate lender in the East San Francisco Bay Area, purchasing single-family homes and other distressed properties and loans. In 2011, the company expanded its focus to include high-end spec home development and value-added multifamily investments.
Since then, TRA has played a variety of roles including direct sponsor, fund manager, JV equity partner, preferred equity provider, and real estate lender. Our primary focus is on multifamily real estate, but we opportunistically invest in single-family, self-storage, and other commercial real estate projects.
WHAT WE DO
TRA Investments is a discretionary fund manager providing various capital solutions, including preferred equity and common equity, for multifamily owners and buyers nationwide. We invest in properties in high-growth markets across the country. We build and value long-term partnerships with developers, operators and lenders to help bring continuity and efficiency to the platform. Learn more about TRA Investment’s investment criteria or reach out to our team to learn more about the solutions we offer.
2008-2011
Distressed assets including foreclosed SFR and multifamily properties and non-performing debt
2012-2021:
Common equity investments in multifamily
2022-2023:
Pause on acquisitions, development of preferred equity platform
2023 - NOW:
Deploying small balance preferred equity for multifamily real estate
EVOLUTION OF TRA STRATEGY CONDITIONS:
TRA has managed or invested in the development or re-positioning of:
30+
Apartment Communities
230+
Single Family Homes
250K+
SF of Office Space
4
Storage Facilities
Deal structures utilized include:
JV/Co-GP
Syndication Of LP Equity
Direct Sponsor
Mezzanine Debt/ Preferred Equity
2008-2011
Distressed assets including foreclosed SFR and multifamily properties and non-performing debt
2012-2021:
Common equity investments in select multifamily, office, and self-storage opportunities
2022-2023:
Pause on acquisitions, development of preferred equity platform
2023 - NOW:
Deploying small balance preferred equity for multifamily real estate
Evolution of TRA Strategy
TRA has managed or invested in the development or re-positioning of:
30+
Apartment Communities
230+
Single Family Homes
250K+
SF of Office Space
4
Storage Facilities
Deal structures utilized include:
JV/Co-GP
Syndication Of LP Equity
Direct Sponsor
Mezzanine Debt/ Preferred Equity