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Sunday, January 17, 2021

Property management firm from California buys firm with properties in Texas

Oakland, California-based Mynd Property Management, a property management firm serving the small residential sector with a combination of on-the-ground experts and innovative technology, has acquired Empire Industries LLC, a property management company with properties under management in Houston, Dallas and Fort Worth.

Pursuant to the transaction, Mynd expands its footprint in Texas with 800 SFR properties under management, bringing its total number of units under management to more than 9,000. Mynd also gains two property management veterans: Steve Rozenberg, who will serve as VP of Investor Education for Mynd; and Pete Neubig, who joins Mynd as a Regional Director of Texas.

“We are excited to welcome Empire and its leadership team to Mynd,” says Doug Brien, CEO and Co-Founder of Mynd. “Over the past two years, Mynd has joined forces with like-minded property management companies whose mission and goals align with ours, and Empire fits the bill perfectly. Our objective at Mynd is to grow our portfolio of managed properties to 100,000 and Texas will be a significant part of that growth,” notes Brien.

Rozenberg, a 16-year veteran of the real estate industry, was drawn to Mynd’s resources, ability to scale and rapidly growing footprint. “I’m passionate about educating people on the benefits of real estate investing,” explains Rozenberg. “With Mynd’s expanded footprint and recently appointed Chief Growth Officer, Alex Osenenko, I will be able to touch so many more lives all over the country by implementing a best-in-class investor education program.”

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