SAN DIEGO, and OAKLAND, Calif., March 1, 2018 /PRNewswire/ -- Mynd, Inc., the tech-enabled property management company with an industry first real-time data and mobile app, announced today that it has begun full operations in the San Diego market, and that it has signed a partnership deal with Canter Brokerage, the pre-eminent broker/investment firm in the region. Mynd has also announced that it acquired leading real estate brokerage and rental firm, Advani Property Management, marking their second major acquisition after Pacific Shore Management.
"Our partnership with Canter Brokerage is an exciting opportunity for Mynd to leverage our talented local team and grow our San Diego portfolio," said CEO and Co-Founder of Mynd, Doug Brien. "This relationship along with our partnership with Advani Property Management puts us in a good position to begin delivering great service to our new owners and residents in the San Diego market.
"Canter prides itself on innovation and leadership in the industry in order to bring greater value to our customers. Mynd is just the kind of tech-forward innovator we look for in a partner," said Andrew Canter of Canter Brokerage. "We are excited to bring Mynd's real-time mobile data to our portfolio of properties and to help boost the ROI for our owners while delivering impactful, day to day value for residents."
Mynd's acquisition of Advani Property Management, one of San Diego's top performing real estate brokerage and rental firms, marks a significant stake in the company's growth in Southern California. Advani comprises about 200 units in highly desirable markets including North Park, Little Italy, Bankers Hills and Mission Hills, and has put an emphasis on technology solutions to make renting and owning property more seamless and for giving owners more control. The members of Advani remain sales partners with Canter Brokerage.
"Advani is thrilled to be working with Mynd, as we pride ourselves on leveraging the best people, processes and technology to optimize rental property returns for clients," said Prem Advani, CEO and founder of Advani Real Estate Group. "Mynd's approach to managing residential real estate with these shared values brings critical insights into every decision and will ultimately bring huge value to our customers."
The Mynd Solution
Mynd's proprietary technology introduces efficiencies to the market and empowers smarter investing decision that result in seamless property owner and resident experiences. Mynd's technology gives owners real-time data to all their properties and equips the operations team to deliver better and fast service with more data to push performance and enable better decisions.
Mynd is headquartered in Oakland, CA and was co-founded by Doug Brien and Colin Wiel, both of whom are experts in the real estate and technology industries, and pioneered the single-family rental industry by founding Waypoint Homes, the first property management company to deploy technology at scale. At the peak at Waypoint they managed and owned 17,000 + single family rentals in 13 markets around the US. Mynd is backed by Cannan Partners, Jackson Square Ventures and Lightspeed Partners. To learn more, please visit: https://www.mynd.co