Don Mullen's Pretium has agreed to buy BH Management Services in a move towards deploying capital in debt and equity investments.
Following the announcement that Pretium is selling a small stake in the firm to Hunter Point Capital in a push for growth, Pretium Founder and CEO Don Mullen described the transaction as testament to the opportunities that lie ahead for his firm.
Don Mullen discusses the effects of declining sales of existing US homes, which fell to its lowest level on record in October, as well as how high borrowing costs and prices are affecting the market.
Don Mullen discusses his professional experience that led to the founding of Pretium and shares his thoughts on the single-family rental market, scaling through technology and aspirations for Pretium in the decade to come.
Don Mullen sits down with Brian Sullivan at the Milken Institute Global Conference to discuss his real estate business model and the state of housing in the U.S.