A joint venture between PCCP and RPM Living Investments has acquired Truman at Arlington Commons, a four-story multifamily community located at 505 E Lamar Boulevard in Arlington, TX.

Built in 2021, the property features 358 units with an average size of 807 square feet (sf), across floorplans ranging from 576 to 1,594 sf. The units feature 10-foot ceilings, with select units offering 14-foot ceiling heights. The property also features climate-controlled interior carpeted corridors and includes a structured parking garage with 613 total spaces and approximately 4,900 sf of ground-floor retail occupied by Nehemiah Coffee Company.

Truman at Arlington Commons is located in North Arlington, a centrally positioned pocket between Dallas and Fort Worth with direct access to Interstate 30. The location provides connectivity to Arlington’s primary employment and entertainment districts, including AT&T Stadium, Globe Life Field, and Texas Live!, which together attract more than 50 million visitors annually. The property is also across the street from Texas Health Resources. Downtown Dallas, Downtown Fort Worth, and DFW International Airport are all reachable within roughly 20 minutes, reinforcing the area’s strong commuter accessibility. The greater DFW Metroplex is also one of the largest and most liquid multifamily markets in the U.S., supported by a diversified employment base, strong population growth, and a sizeable renter base.

About PCCP:

PCCP is a real estate finance and investment management firm focused on commercial real estate debt and equity investments. PCCP has approximately $29.3 billion in assets under management on behalf of institutional investors as of December 31, 2025. With offices in New York, San Francisco, Los Angeles, Atlanta, and Seoul, PCCP has a 28-year track record of providing real estate owners and investors with a broad range of funding options to meet capital requirements. PCCP underwrites the entire capital stack to exploit inefficiencies in the market and provide investors with attractive risk-adjusted returns. Since its inception in 1998, PCCP has managed, raised, or invested over $47.8 billion of capital through a series of investment vehicles including private equity funds, separate accounts, and joint ventures. PCCP continues to seek investment opportunities with experienced operators seeking fast and reliable capital. Learn more about PCCP at www.pccpllc.com.

About RPM Living Investments:

RPM Living Investments and its affiliates (“RPM”) are a full-service, vertically integrated, multifamily management company offering management, investment, and development services with an innovative and personalized approach. Headquartered in Austin, Texas, RPM is ranked No. 4 on the NMHC 2025 Top 50 Managers list, managing more than 218,000+ units across 27 states and 50+ markets for more than 263 clients. Founded by Jason Berkowitz in 2002, the firm has grown to over 5,000 associates and 16 regional offices nationwide all of whom share the collective vision to enhance clients’ investments through customized solutions and exceptional resident-centric service. Since inception, RPM’s dedicated investment team of 40+ associates has participated in the acquisition of over 55,000 units and executed more than 90 full-cycle deals, while the development arm has delivered 1,600+ units and controls an additional 1,400 units in various stages of construction and planning. To learn more about RPM, visit www.rpmliving.com.