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Transcendent Investment Management Partners with eMindful to Further Health and Wellness Offerings in its Rental Communities

Transcendent Investment Management Partners with eMindful to Further Health and Wellness Offerings in its Rental Communities
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Transcendent Electra Joint Venture Under Contract to Purchase Nearly 2,000 New Single-Family Rental Homes for $496 Million

MIAMI, FL - Transcendent Electra, a new joint venture between single-family rental (SFR) platform Transcendent Investment Management (TIM), and longtime multifamily owner/operator Electra America, announces that it is adding 1,889 new single-family homes to its portfolio, with $496 million in contract process and closing and another $ 1 billion in the pipeline.
The properties are brand new single-family homes and townhomes, purchased directly from homebuilders, scattered throughout the following markets: Birmingham and Huntsville, Ala.; Florida; Savannah and Atlanta, Ga.; North Carolina and South Carolina; Nashville, Tenn.; and Dallas, Houston, San Antonio and Austin, Tex.
This marks Transcendent Electra’s first significant acquisition since launching in February.

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