PURE Property Management and HomeRiver Group Merge to Form PURE HomeRiver; PGIM Provides $80M Growth Capital
January 22, 2026
PURE Property Management and HomeRiver Group have merged to form PURE HomeRiver, creating the nation's largest third-party single-family rental (SFR) property manager that will operate more than 40,000 homes across 80+ local offices and 35+ states. The combined company secured $80 million in growth capital with PGIM (Prudential’s asset management business) serving as the primary lender to support continued acquisitions and investments in technology, operations, and service innovation.
- Buyers
- PGIM
- Targets
- PURE Property Management, HomeRiver Group
- Industry
- Real Estate
- Location
- California, United States
- Transaction Type
- Growth capital
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