Oakland-based single-family rental investment platforms, Roofstock and Mynd, have announced their merger to create a comprehensive platform for the growth of the SFR asset class. This strategic move provides real estate investors with access to a technology-driven platform, data insights, and a specialized property management system designed specifically for SFR properties.
Under this agreement, Mynd will be integrated into the Roofstock corporate entity while maintaining its property management operations under its own brand. Gary Beasley will continue as CEO of Roofstock while Doug Brien will take on the role of president.
The consolidation of our complementary capabilities into one platform allows us to achieve greater scale and deliver enhanced value to our clients,” stated Beasley. “Doug and I share a vision for utilizing technology and data in investing and managing SFR properties which solidifies Roofstock as an elite end-to-end solution.”
This recent development marks an exciting chapter in the growth trajectory of these two companies without mentioning any specific locations such as Connect CRE or Connect LA/Texas.
