What is Conrex?
Founded in 2011, Connorex-Lucinda, LLC (CONREX) is dedicated to investing in US residential housing and fostering household formation. As a leader in the Single Family Rental (SFR) Aggregation space, CONREX is recognized for its rapid growth, particularly in the Southeast and Midwest regions, and its thought leadership in the institutionalization of SFR. The company has acquired over 4,000 homes and continues to expand its portfolio by approximately 200 homes monthly, providing affordable, high-quality housing for families and attractive yields for investors.
How much funding has Conrex raised?
Conrex has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Conrex
PPP
Public-Private Partnership
What's next for Conrex?
The substantial enterprise-level funding and recent strategic investment signal a phase of accelerated growth and market consolidation for Conrex. This capital infusion is likely to fuel further expansion of its SFR portfolio, enhance operational efficiencies, and potentially explore new geographic markets. Conrex's focus on institutionalizing the SFR sector positions it to capitalize on evolving housing trends and investor demand for yield-generating real estate assets.
See full Conrex company page
