Real Estate - Bay Harbor Islands, Florida, United States
In February 2021, a single-family rental (SFR) platform Transcendent Investment Management (TIM) and multifamily owner and operator Electra America established a fund - Transcendent Electra.Transcendent Electra has become a diversified private equity investment and management firm focusing on newly built single-family rental homes and attached townhomes purchased directly from homebuilders throughout Sunbelt states Alabama, Florida, Georgia, Nevada, North and South Carolina, Tennessee, and Texas.In April, Transcendent Electra purchased nearly 2,000 homes in the very hot single-family rental space in its first significant acquisition since it launched.The joint venture leverages years of experience in developing, acquiring, and repositioning residential assets. The firm brings an educated approach to satisfying the rising need for budget-friendly single-family housing in key markets.Supporting a healthy lifestyle for its residents, Transcendent Electra supervises a new TIM's division - CleanLiving Health and Wellness™, a collection of programs in the app that feature products and services designed to support good health, well-being, and longevity: movement, nutrition, mindset, sleep, supplements, diagnostics (cleanlivinghealthandwellness.com).
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