Los Angeles-based TruAmerica Multifamily is the latest firm venturing into the hot single-family build-for-rent space. The vertically integrated multifamily investment company has launched a build-for-rent development arm to build townhome and single-family rental communities in suburban markets that are synergistic with its existing multifamily platform. Mitch Rotta, a build-for-rent veteran, has been tapped as senior managing director to lead the new division.