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Investors - JUNE 2, 2021

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Invesco backs Mynd in SFR investment plan

by Andrea Zander

Mynd has partnered with Invesco Real Estate, with plans to invest $5 billion in single-family residential assets during the next three years. Additionally, Invesco’s capital infusion will help Mynd expand the capabilities of its acquisitions and renovations arm.

“Our partnership with Invesco Real Estate represents a significant moment for the SFR industry — and is a key validator for Mynd’s vision, business model and technology,” said Doug Brien, CEO and co-founder of Mynd. “Our goal has always been to unlock opportunities for investors across the country, and now we’ll be able to do that at an incredible scale.”

Mynd’s tech-enabled platform for finding, purchasing and managing rental properties removes the physical barriers of investing, making it possible to earn stable income from investment in the best rental markets across the country. Mynd currently has more than 7,000 homes under management in 25 markets and is poised to become one of the large

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