Robert Hart

Robert E. Hart is the founder, president and chief executive officer of TruAmerica Multifamily, a Los Angeles-based, vertically integrated multifamily investment manager. He founded the firm in 2013 and chairs its investment committee. Public sources describe TruAmerica as one of the most active multifamily investors in the United States, with more than 60,000 apartment units and more than $15.5 billion to nearly $17 billion in assets under management, depending on the reporting date.

Before founding TruAmerica, Hart was chief executive of Kennedy Wilson’s multifamily platform. Los Angeles Business Journal reports that he led TruAmerica’s national expansion of its value-add investment platform after launching the company from Century City.

Hart’s public profile is concentrated in commercial real estate rather than startup angel investing. I found no verified public evidence that he is primarily a seed-stage angel investor; the verifiable investment activity tied to him is institutional multifamily real estate through TruAmerica.

He is also publicly associated with philanthropy. The Los Angeles Times profile reports that he has served for more than 20 years on the board of Chrysalis, a nonprofit focused on helping people experiencing homelessness find employment, and that a 2023 event honoring him raised more than $3.3 million for the Jewish Federation of Greater Los Angeles.

• TruAmerica’s core strategy is value-add and workforce multifamily: acquire well-located apartment communities, improve operations and renovations, and deliver attainable rental housing.
• The firm targets major U.S. markets with strong renter demand, limited attainable housing supply, population growth, and proximity to employment centers, amenities and daily conveniences.
• Hart’s stated framing for the strategy is essential housing: “Essential housing is the backbone” of the U.S. rental market.
• Fund II targets existing, stabilized multifamily communities serving households earning approximately 60% to 100% of area median income, at rents meaningfully below newer Class A product.
• The firm emphasizes underwriting discipline, operating capability, real-time portfolio data, regional staff, proprietary sourcing relationships, and execution certainty.
• The affordable-housing strategy expanded in 2025 through Anchor Point Residential, a $1 billion joint venture with Manulife Investment Management focused on preserving income-restricted LIHTC-backed housing.