What’s Happening at Transcendent Electra?
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Multifamily Leader and Top Single-Family Home Investment & Development Platform Join Forces
Transcendent Electra is a joint venture focused on the acquisition of new homes in the Sunbelt states
MIAMI (February 24, 2021) – Transcendent Investment Management (TIM), a private equity firm focused on the housing market, and Electra America, a private equity firm specializing in the multifamily sector, have teamed up to grow and scale a leading single-family rental (SFR) housing platform that will target newly built housing in fast-growing Sunbelt markets. The new joint venture, Transcendent Electra, has established a fund for the acquisition of high-quality homes from top home-builders in attractive suburban neighborhoods in the states of Florida, Georgia, Texas, North Carolina, South Carolina and Tennessee – where both firms have an existing footprint.