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Reszi Launches $50 Million Private Placement to Invest in Single-Family Rentals

Reszi Launches $50 Million Private Placement to Invest in Single-Family Rentals. WealthForge Securities LLC, Reszi LLC, Reszi, due diligence, SFR, single-family rental fund
Reszi Launches $50 Million Private Placement to Invest in Single-Family Rentals. WealthForge Securities LLC, Reszi LLC, Reszi, due diligence, SFR, single-family rental fund

Reszi LLC, a Texas-based single-family residence rental company, has launched Reszi Fund VI LP, a $50 million private placement fund that will focus on the acquisition of newly constructed single-family homes from national and regional builders.

The company reports that it currently manages five stabilized single-family rental funds in conjunction with Staubach Capital LLC.

Reszi says it has negotiated with certain builders to acquire these newly constructed homes at “substantial discounts,” resulting in implied equity at closing.

“Reszi has gained considerable traction in the SFR rental market through the relentless efforts of its dedicated and experienced team, coupled with its next-level utilization of technology,” said Chris Mitchell, Reszi’s founder and chief executive officer.

In connection with the launch of the fund, Reszi has engaged WealthForge Securities LLC to serve as its managing broker-dealer and Peak Capital Solutions LLC to serve as its distribution consultant.

“We are very excited about our strategic engagements with WealthForge and Peak,” said Mitchell. “These engagements position us with the premier broker-dealer in the space, and with a venerable consulting firm that has proven results, both of which will facilitate Reszi’s growth for the foreseeable future.”

Established in 2020 by Mitchell, Reszi and its affiliated fund entities specialize in the acquisition, operation, management, and maintenance of a diverse portfolio of single-family residences in multiple U.S. markets.

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