Roofstock, a prominent real estate services and investment platform focused on the single-family rental (SFR) sector, has announced a merger with Mynd, a company revolutionizing the way investors find, finance, lease, manage, and sell SFR properties. Through this merger, the combined entities aim to create an end-to-end platform designed to power the next phase of growth in the SFR asset class. Management will see Gary Beasley, Roofstock’s co-founder and CEO, continuing in his role while Mynd’s co-founder and CEO, Doug Brien, will become President of Roofstock. The new platform will integrate technology and data from both companies to offer enhanced services in property management, providing investors with valuable insights and a streamlined, efficient experience. Both Beasley and Brien share a vision of substantial growth in the SFR sector, confidently positioning their combined platform as a leading solution for retail and institutional investors. Roofstock and Mynd are backed by prominent venture capital firms and have facilitated significant transactions, underlining the potential impact of this merger on the SFR market.
Real Estate, Technology, Investment Services,United States
https://www.globenewswire.com/news-release/2024/05/16/2883650/0/en/Roofstock-and-Mynd-Merge-to-Power-the-Next-Chapter-of-Growth-in-Single-Family-Rental-Investing.html