Invesco Backs Mynd To Spend $5B On Single-family Rentals | Wealth Management

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Invesco is separately leading a $40 million financing round for Mynd. : (Bloomberg) -- Funds managed by Invesco Real Estate are backing Mynd Management to spend as much as $5 billion, including debt, purchasing about 20,000 single-family rental homes in the U.S. in the next three years. The partnership marks a “significant moment” for the single-family rental industry, Doug Brien, chief executive officer and co-founder of Mynd, said in an interview.

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