JAPANESE
Japan Real Estate Insights by estie
Japan Real Estate Insights by estie

Haseko Corporation Acquires 30% Stake in U.S. Multifamily Development Company

Haseko Corporation announced on April 15, 2026, that it has acquired a 30% stake in TRG Holdings, LLC, a newly established holding company that will oversee the development and construction business conducted by U.S. multifamily developer Trinsic Residential Group (TRG).

Through its operating company Haseko North America, Inc., Haseko has dispatched personnel to the company and will provide both capital and technical know-how related to the design and construction of rental multifamily properties.

TRG develops multifamily properties primarily in the Sun Belt, with Dallas as its base, targeting areas with population inflows and solid rental housing demand. Since its establishment in 2011, the company has supplied more than 12,000 units and ranked 15th in 2022 (3,153 units) and 16th in 2023 (3,498 units) in NMHC’s annual developer rankings.

The company has established an integrated platform spanning land acquisition and entitlement, financing, construction, asset management and disposition, making it highly compatible with the Haseko Group’s business model.

Transaction Overview

  • Buyer: Haseko Corporation (through its operating company Haseko North America, Inc.)

  • Target Company: TRG Holdings, LLC

  • Acquired Stake: 30%

  • Acquisition Date: April 15, 2026

Company Overview

  • Name: Trinsic Residential Group, L.P.

  • Address: 8235 Douglas Avenue, Suite 950, Dallas, Texas 75225

  • Representative: Brian Tusas (Chairman and CEO)

  • Established: 2011

  • Business Description: Development and construction of multifamily properties primarily in the Sun Belt region