Managing Director, Acquisitions & Asset Management – East Coast
Matt Ferrari is the Managing Director of East Coast Acquisitions and Asset Management at TruAmerica Multifamily and heads the firm’s Arlington, Virginia office where he is responsible for sourcing acquisition opportunities throughout major markets in the Eastern United States. Additionally, Mr. Ferrari oversees asset management responsibilities and ensures the execution of the business plan through an assets full life cycle. Mr. Ferrari has led the acquisition of $500 million in value-add multifamily assets since joining the company in August of 2016. TruAmerica Multifamily is a venture between its founder Robert E. Hart and The Guardian Life Insurance Company of America and since its founding in 2013 has acquired more than 25,000 apartment units with an aggregate asset value in excess of $4.5 billion.
Previously, Mr. Ferrari was an Investments Director at AvalonBay Communities Inc., the second largest publicly traded multifamily REIT in the United States, responsible for acquisitions and dispositions in the Mid-Atlantic and Northeast. During his four years at AvalonBay, Mr. Ferrari was responsible for $500 million in core-plus acquisitions and $1.3 billion in dispositions. Prior to his time at AvalonBay, Mr. Ferrari worked in Archstone’s leadership and development rotational program as a Management Development Associate before becoming a Regional Operations Director for their Eastside Manhattan portfolio in New York City.
Mr. Ferrari is a member of the Urban Land Institute (ULI) and National Multifamily Housing Council (NMHC) and is on the Associate Advisory Board of Georgetown’s Steers Center for Global Real Estate. Mr. Ferrari holds an M.B.A. from Georgetown’s McDonough School of Business and a B.S. in Management and Business from Skidmore College.