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TruAmerica raises $708 million for second workforce housing fund

Commitments include first overseas real estate investment from Japanese rail operator
TruAmerica Multifamily acquired the Docks at Redmond Lakeview in Redmond, Washington, in August with its second workforce housing fund. (CoStar)
TruAmerica Multifamily acquired the Docks at Redmond Lakeview in Redmond, Washington, in August with its second workforce housing fund. (CoStar)

TruAmerica Multifamily has closed its second workforce housing fund at $708 million in total commitments, including co-investments, generating about $2 billion in purchasing power for acquisitions across major U.S. markets.

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