AvantStay, the premier hospitality platform transforming short-term rentals for the way people travel and invest today, announces the appointment of Ankur Jain as Chief Financial Officer. Jain joins AvantStay as a seasoned finance and startup executive with more than a decade in the real estate sector, including his previous roles as CFO of Better Place Forests (BPF); CFO and Founding Team Member at Mynd; and Vice President of Finance of Starwood Waypoint Residential Trust (now Invitation Homes), where he took the company public. Invitation Homes is the largest single family residential REIT in the world.
In his new role at AvantStay, Jain will lead the finance team across accounting, financial planning, strategic finance, and finance operations to drive growth and profitability for the business as it matures. Jain will also join the rest of the AvantStay executive team as they continue to advance the business as a leader in the short-term rental industry.
Prior to joining AvantStay, Jain was CFO of BPF where he focused on building and driving financial discipline, as well as raising capital to expand the business. Before BPF, Ankur was the CFO and a founding team member at Mynd, a real estate technology company serving the $85 billion+ property management and real estate investment market. He raised multiple financing rounds for Mynd, led the development of its in-house accounting system, and advised on acquisitions of regional property managers, enabling Mynd to grow into the largest tech-enabled single family residential property management company in the country with more than 10,000 homes.
Ankur also served as the VP of Finance at Starwood Waypoint Residential Trust (now Invitation Homes), where he helped take the company public in 2014 and subsequently raised over $1.5 billion in debt and equity capital to fuel the company's growth from 4,000 to over 20,000 homes in two years, making them the second largest publicly traded REIT in the world.
Los Angeles, California