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Benzinga
Benzinga
Business
Kevin Vandenboss

Transcendent Electra Launches Private Equity Offering For Portfolio Of 101 Single-Family Rentals

Transcendent Electra, the joint venture between Transcendent Investment Management and Electra America have launched a private equity offering on the real estate investment platform CrowdStreet to fund the purchase of 101 single-family rentals throughout selective Sunbelt markets.

The newly-built homes are located in Florida, Georgia, North Carolina, South Carolina, Alabama, Tennessee and Texas–markets that are outpacing the U.S. averages in terms of population, rent and home value growth rates.

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