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Invesco Backs Mynd to Spend $5 Billion on Single-Family Rentals

Written by Lauren | Jun 3, 2021 5:50:11 PM

“As traditional commercial real estate investors that invested in multifamily as their key strategy have moved into single-family rental, we’re seeing the market flooded with institutional capital,” Brien said. He acknowledged that dynamic will make it more competitive for Mynd to find properties, but touted its data-driven technology as better enabling it to make offers across the U.S.