Newport Beach, CA (PRWEB) January 07, 2013
True Investments, LLC, the leading woman and American Indian-owned real estate investment company, announced the hiring of Daryl Schwartz to Senior Vice President, where he will oversee the firm’s Investment Management and Real Estate Acquisition business. “Building the right team is essential to the health and future of True. Daryl fit that mold well for us, and his experience and relationships were key in taking our firm to the next level. We believe our banking and financial partners will be served very well by him,” commented Twila True, Founder and Chairwoman of True Investments, LLC.
True Investments, LLC also announced the launch of its rental and Affordable Housing programs, where it is seeking to become a leading catalyst in the restoration of the residential housing market. True Investments is currently acquiring residential REO and nonperforming loans with the goal of either renting the property or offering the property with seller financing to potential homeowners through an installment contract. “We realize that financing is very difficult for former homeowners who have fallen victim to the current economic and housing collapse, and we want to provide tools to help them get back on their feet. We have created our rental and True Affordable Housing programs with this in mind and are providing ways for credit-challenged homeowners to experience the pride of home-ownership once again,” stated True. The firm plans to deploy $100 million of capital in 2013 for the continued acquisition of single-family REO and nonperforming loans.
Additionally, True maintains a significant deal pipeline in its Investment Management business that presents a number of unique investment options for their investors. “We recognize that we serve both the financial partners with whom we buy assets from and our investors which entrust us with their investment capital. By maintaining a sizeable deal pipeline, we are able to selectively choose one-off loans and properties or portfolios of such that fit our need for current reasonable yield and solid long-term capital appreciation. Our investors are particularly excited about the opportunities to continue to invest in a prudent and disciplined strategy, especially during a time when prevailing return levels and investment alternatives aren’t great,” remarked True
About True Investments, LLC
True Investments, LLC, is the leading woman and American Indian-owned full-service real estate investment firm that provides Investment Management and Advisory services for its investors and financial partners as well as direct investments for its own account. True seeks to preserve investor capital and deliver exceptional risk-adjusted returns through strategic investments in opportunistic real estate debt and equity.
Though True Investments, LLC seeks to capitalize on short-term, high-yield opportunities, the firm holds a long-term view of real estate and applies its view in developing and growing sustainable wealth for itself and partners.
The management team possesses complimentary backgrounds and shares a disciplined approach to the due diligence, acquisition, and management of real estate and real estate-related assets. Spanning the last three decades, the team has underwritten more than $5 Billion in real estate transactions, and acquired, managed, or developed over $400 Million in real estate and real estate-related investments. The team combines an expertise in the sourcing, underwriting and management of both residential and commercial assets.