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Invitation Homes Inc. - INVH STOCK NEWS

Welcome to our dedicated page for Invitation Homes news (Ticker: INVH), a resource for investors and traders seeking the latest updates and insights on Invitation Homes stock.

Invitation Homes Inc., trading under the stock symbol INVH, is a leading provider in the single-family rental home market in the United States. Specializing in the acquisition, rehabilitation, leasing, and professional management of single-family homes, Invitation Homes focuses on transforming distressed properties into desirable rental homes.

Corporate Overview
The company operates a robust portfolio of over 84,000 single-family rental homes, strategically located in 16 high-growth markets across the U.S., including Arizona, California, Nevada, Washington, Illinois, Georgia, the Carolinas, Florida, and Minnesota. The majority of their homes are situated in regions with high employment and rapid household formation growth, with nearly 70% of their portfolio concentrated in the Western U.S. and Florida.

Business Model and Operations
Invitation Homes targets the starter and move-up segments of the housing market, with homes typically priced around $350,000 and measuring less than 1,800 square feet. Their innovative investment approach not only helps residents establish long-term community ties but also contributes to the rejuvenation of neighborhoods and the creation of thriving cities across America.

Management and Partnerships
The company is managed by a team of seasoned professionals with deep expertise in the residential property industry, in collaboration with one of the world’s leading private equity firms. This partnership enhances Invitation Homes' financial stability and entrepreneurial vision, enabling it to lead the single-family rental market effectively.

Recent Achievements and Projects
Recently, Invitation Homes has expanded its portfolio significantly, reaching a total of over 84,000 homes. The company continues to grow, focusing on markets where renting is more affordable than homeownership. Their recent investments aim to enhance the living experience for residents through upgrades and community-focused initiatives.

Financial Condition
Invitation Homes boasts a strong financial position, supported by its substantial portfolio and strategic market targeting. The company's innovative business model and strategic partnerships ensure continuous growth and stability.

For the latest updates, news, and developments regarding Invitation Homes Inc., stay tuned to our news section.

Rhea-AI Summary

Invitation Homes (NYSE: INVH) will release its Q2 2024 financial and operating results on July 24, 2024, after market close.

A conference call will be held on July 25, 2024, at 11:00 a.m. ET to discuss these results and recent developments, including a Q&A session.

The call will be webcast live, and a replay will be available on the company's investor relations website for one year.

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Invitation Homes has announced a quarterly cash dividend of $0.28 per share on its common stock, payable on or before July 19, 2024. Eligible shareholders are those holding stock as of June 27, 2024.

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Invitation Homes, a leading single-family home leasing and management company, announced an update to its new product pipeline. The company, in collaboration with national and regional homebuilder partners, is set to introduce over 1,000 newly built homes in Dallas, Houston, and the Carolinas. This initiative involves an investment of approximately $274 million, with deliveries starting later this month. The company aims to address housing supply shortages and generate attractive yields on cost through these strategic partnerships.

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Invitation Homes (NYSE: INVH) announced that its management team will participate in a roundtable discussion at Nareit's REITweek 2024 Investor Conference.

The conference is scheduled for Tuesday, June 4, at 11:00 a.m. Eastern Time. A live audio webcast of the event will be accessible through the company's Investor Relations website at www.invh.com.

Additionally, a replay of the webcast will remain available until July 4, 2024.

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Invitation Homes Inc. (NYSE: INVH) announced a joint venture with Quarterra Group Inc., a subsidiary of Lennar , Centerbridge Partners, and other investors. Invitation Homes will manage 4,400 single-family homes in its core markets within the Upward America joint venture, aiming to provide quality housing options for families.

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Invitation Homes Inc. (NYSE: INVH) reported its First Quarter 2024 financial and operating results, showing significant growth in total revenues, net income, Core FFO, and AFFO per share. The company also saw improvements in Same Store NOI, average occupancy, renewal rent growth, and blended rent growth. Additionally, Invitation Homes entered into new joint ventures and agreements to expand its portfolio of single-family homes for lease.

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Invitation Homes Inc. (NYSE: INVH) has received a credit rating upgrade to 'Baa2' from Moody's with a stable outlook. The upgrade reflects the company's solid operating performance, reduction in leverage, and secured debt levels. Moody's highlighted Invitation Homes' scale, high-quality portfolio, and expansive operating platform driving stable earnings.

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Invitation Homes Inc. (NYSE: INVH) will announce its first quarter 2024 financial results on April 30, 2024, followed by a webcast and conference call on May 1, 2024. Investors can participate in the live event or access the replay until May 31, 2024.
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Invitation Homes Inc. (NYSE: INVH) announces a $140 million investment to acquire 500 newly built homes in Charlotte, Jacksonville, and Nashville through partnerships with three top-tier homebuilders. The company aims to address housing supply issues and provide affordable housing options, emphasizing its commitment to shareholder returns and strategic growth.
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Invitation Homes Inc. (NYSE: INVH) declares a quarterly cash dividend of $0.28 per share, payable on or before April 19, 2024, to stockholders of record as of March 28, 2024.
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FAQ

What does Invitation Homes Inc. do?

Invitation Homes Inc. specializes in acquiring, rehabilitating, leasing, and managing single-family rental homes across the U.S.

How many homes does Invitation Homes own?

Invitation Homes owns over 84,000 single-family rental homes.

Where are Invitation Homes' properties located?

The properties are located in 16 high-growth markets across the U.S., predominantly in the Western U.S. and Florida.

What segment of the housing market does Invitation Homes target?

Invitation Homes targets the starter and move-up segments of the housing market.

What is the average price and size of homes in Invitation Homes' portfolio?

The average price is around $350,000 and the average size is generally less than 1,800 square feet.

Who manages Invitation Homes?

The company is managed by experienced professionals in partnership with one of the world’s leading private equity firms.

What makes Invitation Homes' business model unique?

Their focus on transforming distressed properties into attractive rental homes and their strategic market targeting set them apart.

Where is Invitation Homes' corporate office located?

The corporate office is located in downtown Dallas, TX.

How does Invitation Homes impact communities?

Their investments help residents establish long-term community ties, rejuvenating neighborhoods and fostering thriving cities.

What is the financial condition of Invitation Homes?

Invitation Homes maintains a strong financial position, supported by its substantial portfolio and strategic partnerships.

Invitation Homes Inc.

NYSE:INVH

INVH Rankings

INVH Stock Data

22.00B
612.54M
0.34%
102.46%
1.68%
Lessors of Residential Buildings and Dwellings
Real Estate and Rental and Leasing
Link
United States of America
DALLAS