Invesco-Backed Mynd Said in Talks to Merge With Rival Roofstock

Mynd, a housing operator that won a $5 billion mandate from Invesco Real Estate funds in 2021, is in advanced talks to merge with Roofstock, as a frozen market for home sales fuels consolidation in the single-family rental industry.

The firms, which use technology to help investors buy, sell and manage rental homes, are nearing a deal that may be announced as soon as this week, although talks could still fall apart, according to people familiar with the negotiations who asked not to be identified discussing confidential information.

A spokesperson for Mynd declined to comment, while a representative for Roofstock ...