
Trion Properties Launches Another Multifamily Opportunity Fund
Los Angeles-based Trion Properties launched Trion Multifamily Opportunity Fund II, LLC, its second investment fund vehicle. The fund, which will target $50 million in equity to deliver $150 million in buying power, will invest in the acquisition, improvement, and repositioning of undervalued multifamily assets in high-growth, supply-constrained markets along the West Coast.
The firm plans to drive value through heavy renovations, re-branding, and a hands-on management approach of underperforming multifamily communities.
The launch of this fund comes on the heels of the closing of the firm’s debut fund, which has more than 100 investors, including accredited high net worth investors, RIAs, and family offices, and is allocated across value-add multifamily investments within growing submarkets demonstrating strong fundamentals in the Bay Area and greater Portland area.
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