Big money is pouring into single-family rentals. RET Ventures, a Utah-based venture capital firm, raised $165 million for a fund that plans to invest in technology for single-family rental and multifamily owners and operators across the U.S. The company surpassed its initial target of $130 million. Participants included affiliates of some of the largest apartment and single-family rental operators in America, among them Essex Property Trust, Invitation Homes, Mid-America Apartment Communities, Greystar Real Estate Group, The post Venture capital fund closes fund to invest in “rent tech” appeared first on The Real Deal New York.
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