Arselle Investments and Amoroso Companies are working together on a multifamily investment platform that will invest up to $500 million in properties located across major western U.S. markets. The group plans to make acquisitions over the next three years.
“This is a compelling time to invest in multifamily assets. 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,” said Aaron Greeno, Arselle founder and managing partner, in a statement.
The venture combines Amoroso’s 47-year track record, having developed, operated or invested in close to 8,000 multifamily units, along with Arselle’s deep capital markets, investing and asset management experience. Over the course of 2025, the two Southern California-based firms partnered to acquire three multifamily properties, representing 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 re-pricing that has occurred in the sector and will focus on acquiring high-quality assets in suburban and infill locations in markets that benefit from strong demographics, job growth and barriers to new supply.
Jason Amoroso
“As a family-owned operating platform with over 45 years of experience, we are constantly looking to adapt and grow our platform,” said Jason Amoroso, chief operating officer of Amoroso Companies, in a statement. “We are in the process of successfully repositioning many of our legacy assets to focus even more on multifamily, given the positive near-term and longer-term dynamics in the sector. 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.”
The three multifamily acquisitions completed in 2025 by Amoroso and Arselle included Alur, a 51-unit property in Pasadena, acquired for $22 million; Sofi Topanga, a 119-unit property in Chatsworth, acquired for $44 million; and Terraces at La Cienega, a 48-unit property in West Hollywood, acquired for $23 million.
Kev Zoryan
Amoroso is a third-generation, family-owned commercial real estate company founded in 1978. In addition to the nearly 8,000 units of residential that the company has developed, owned or operated, predominantly in the Western U.S., Amoroso owns a diversified portfolio that includes hospitality, medical office and self-storage assets. Since its inception, the firm has invested in approximately $550 million of real estate assets.
Arselle is a private real estate investment platform formed in early 2025 by Greeno and Kev Zoryan to leverage their leadership experience at Morgan Stanley Real Estate Investing and Dune Real Estate Partners by investing through operating platforms across select asset classes, including residential, industrial, retail and self-storage.