Arselle Investments and Amoroso Companies have teamed up to acquire up to $500m (€427.6m) of multifamily properties in the US.
The two real estate firms have formed the Amonte Living multifamily platform to acquire assets located across major Western US markets during the next two to three years.
Throughout 2025, the two firms partnered to acquire three multifamily properties located in located in Pasadena, Chatsworth and West Hollywood, worth $90m. The initial acquisitions will serve as the foundation for their new venture.
Aaron Greeno, Arselle founder and managing partner, said: “This is a compelling time to invest in multifamily assets. Supply is rationalising in many markets with fundamentals stabilising, but there continues to be pressure on many overleveraged owners, which should continue to drive attractive acquisition opportunities in the sector.”
Kevork Zoryan, Arselle founder and managing partner, said: “Leveraging decades of expertise and relationships across our target markets, we see a lot of opportunities to acquire very good assets at attractive entry points that reflect significant discounts to replacement costs and the basis of prior owners in locations we really believe in.”
Jason Amoroso, Amoroso Companies COO, said: “The opportunity to partner with Arselle will allow us to accelerate this growth, leveraging our operational expertise and their deep relationships and capital markets experience. Not only do we have complementary skill sets, but as importantly, we share similar values and investment approach.
“We have always invested significant capital from our own balance sheet into deals and have a strong focus on risk management and the importance of long-term relationships in our business.”
To read the latest IPE Real Assets magazine click here.
