Arselle, Amoroso Launch Multifamily Platform Focused on Western U.S.
Arselle Investments and Amoroso Companies have formed a multifamily platform to acquire up to $500 million of multifamily properties located across major Western U.S. markets during the next two to three years. Over the course of 2025, the two Southern California-based firms partnered to acquire three multifamily properties for approximately $90 million and plan to continue to grow the portfolio under their newly formalized venture, Amonte Living.
Through the Amonte platform, the partners intend to capitalize on the substantial repricing that has occurred in the sector. They will focus on acquiring high-quality assets in suburban and infill locations in markets with strong demographics, job growth and barriers to new supply.
“This is a compelling time to invest in multifamily assets,” said Arselle founder and managing partner Aaron Greeno. “Supply is rationalizing in many markets with fundamentals stabilizing, but there continues to be pressure on many overleveraged owners, which should continue to drive attractive acquisition opportunities in the sector.”
The three multifamily acquisitions completed in 2025 by Amoroso and Arselle included Alur, a 51-unit property in Pasadena, acquired for $22 million; Sofi at Topanga Canyon, a 119-unit property in Chatsworth, $44 million; and Terraces at La Cienega, a 48-unit property in West Hollywood, $23 million.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout