FPA Multifamily is a privately held real estate investment firm founded in 1985 that specializes in acquiring, managing, and repositioning multifamily properties across the United States. Over its 40-year history, the firm has transacted on approximately $30 billion worth of assets, encompassing 805 buildings and over 152,500 units, with 515 realized investments to date. The company operates through two primary fund strategies: the FPA Core Plus Fund, which targets premium multifamily properties in leading metropolitan markets with rental growth potential and strong market fundamentals, and the FPA Apartment Opportunity Fund, which focuses on mismanaged and undercapitalized assets in secondary and tertiary U.S. markets. FPA is currently investing through Opportunity Fund VIII and Core Plus Fund VI, which collectively aim to acquire $6.8 billion in multifamily assets across select U.S. markets. The firm is vertically integrated, with two specialized in-house divisions: Redwood Construction, which manages over $150 million in annual construction activity, and Trinity Property Consultants, which handles property management. FPA maintains offices nationwide in cities including San Francisco, Chicago, Dallas, and McLean, Virginia, allowing the firm to leverage local market expertise.