TRA Investments is a California-based real estate investment company founded in 2008 with an intense focus on delivering superior risk-adjusted returns to its clients. TRA is nimble and opportunistic and uses its relationships and experience across the capital stack to implement strategies and find deals that provide downside protection with disproportionate upside potential.
TRA was founded during the Great Recession and began as a house-flipping business and a private real estate lender in the East San Francisco Bay Area, purchasing single-family homes and other distressed properties and loans. In 2011, the company expanded its focus to include high-end spec home development and value-added multifamily investments.
Since then, TRA has played a variety of roles including direct sponsor, fund manager, JV equity partner, preferred equity provider, and real estate lender. Our primary focus is on multifamily real estate, but we opportunistically invest in single-family, self-storage, and other commercial real estate projects.