Trion Properties Review 2023 – The Best Multifamily Real Estate Investing Platform?

What Is Trion Properties?

Founded in 2005, Trion Properties is a real estate investment platform headquartered in West Hollywood, California. Trion Properties started with properties in Southern California and has since acquired high-quality multifamily properties across the Southeastern and Western US.

Trion Properties has been in the business for more than 18 years, with more than 1,200 investors worldwide. In the US, Trion Properties is only available for accredited investors willing to make an initial investment of $50,000. In terms of returns, the Trion Properties investment funds average 25% in annualized returns, making it one of the best real estate investing options for accredited investors.

In this quick Trion Properties summary, I will go over all the best features of this platform. If you want to read a more in-depth analysis, check out our full Trion Properties review.

Pros & Cons of Trion Properties

Pros

  • 25% annualized returns 
  • Invest in geographically diverse real estate properties 
  • Passive income and quarterly distributions
  • Focus on multifamily properties
  • 18-year track record of market-beating returns

Cons

  • Available to accredited investors only
  • High fees and high minimum investment ($50,000)

Historical Returns

Since it was launched in 2005, Trion Properties has acquired more than 6,000 units, for a total market capitalization of more than $1 billion. Even compared to the industry standard, Trion Properties holdings have outperformed most other real estate investments, averaging 25% annualized returns over 18 years.

To keep this performance, the research team at Trion Properties focuses on high-quality multifamily assets and first-ring suburbs in primary, secondary, and tertiary markets in the Southern and Western US.

The Trion Properties Portfolio

The Trion Properties Portfolio is comprised mostly of multifamily value-add projects. The Trion team focuses on improving areas and converting them into modern and affordable places to live. The Trion Portfolio started with properties from Southern California and has since expanded to Oregon, Colorado, Texas, and most Southeastern states, making it one of the more geographically diverse real estate investing platforms for accredited investors.

One key aspect that has contributed to the performance of the Trion Properties Portfolio is its vertically integrated acquisitions. They keep property & project management, debt sourcing, and construction teams in the same building, reducing expenses considerably, and increasing the returns for investors.

If you’re looking for a different type of real estate asset, we recommend checking out First National Realty Partners. FNRP focuses on high-quality essential needs and grocery-anchored properties across the US and offers similar returns to those of Trion Properties. 

How Often Does Trion Properties Pay Out Cash Distributions?

Trion Properties pays out dividends every quarter. This includes cash flows and dividends, interests on loans, and other income realized from investments.

Trion Properties Fees

  • Management Fee: 1.0% 
  • Servicing Fees: 1.5%
  • Acquisition Fee: 1.0%
  • Property Management Fee: $4,000/month (or 4.0%/month of gross revenues)
  • Construction Management Fee: 5.0%
  • Loan Origination Fee: 1.0%

Keep in mind that Management, Servicing, and Acquisition fees apply once every year, as a percentage of your total holdings.

Sign-Up Process

Anyone can register and create a Trion Properties account, but the company mainly focuses on accredited US citizens. There are no special requirements for investors outside the US, and you can get started in just a couple of minutes. Here are the steps:

  • Visit Trion Properties’ website
  • On the top right, click Investor Login
  • Click Create An Account and fill in some of your basic information

If you use our link to sign up, you’ll get a bonus based on your initial deposit credited to your account.

Final Thoughts

Trion Properties is a specialized real estate investing platform for investors looking to gain exposure to a very specific asset class: multifamily real estate. Trion Properties has high minimum investments, and it’s only available for accredited investors, but it offers one of the highest annualized returns, thanks in part to great management and vertically integrated acquisitions.