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Trion Adds 11 Assets Valued at $489M in 2022

Trion Adds 11 Assets Valued at $489M in 2022

West Hollywood, CA-based private equity real estate firm Trion Properties scored a successful 2022, expanding its total multifamily portfolio to 5,805 units and added 11 new properties valued at $489 million. The firm also successfully completed eight disposition and four recapitalization transactions totaling $308.5 million.

“Following a record year of growth in 2021, 2022 was a year when runaway inflation and Fed interest rate increases created challenges for every investor. Even with strong headwinds, we were able to significantly grow our portfolio and exit eight properties with an excellent rate of return,” said Trion Properties Managing Partner Max Sharkansky.

Trion’s largest acquisition in 2022 was a 402-unit multifamily community in the Denver submarket of Edgewater, CO (pictured), which increased the firm’s presence in that state to 1,500 units across five portfolio properties. Trion also acquired three properties in the Portland, OR area, two in Florida, one in California and four in Georgia.


Inside The Story

Trion PropertiesMax Sharkansky

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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