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. reports news on its single-family home leasing and management business, including quarterly and annual operating results, portfolio performance, occupancy, rent growth, property operating costs, net operating income, FFO, Core FFO and AFFO. Company updates also cover dividends, tax treatment of distributions, share repurchase activity, investor conference participation and management commentary on rental housing demand.
Recurring developments include activity in the company’s Same Store Portfolio, home characteristics by market, acquisition and development pipeline updates, and the completed acquisition of ResiBuilt, which added build-to-rent development and fee-building capabilities in Southeast markets.
Invitation Homes Inc. (NYSE: INVH) has announced a settlement in the legal dispute known as City of San Diego et al v. Invitation Homes, Inc. This qui tam action, filed under the California False Claims Act, alleged that the company's contractors failed to obtain building permits for certain home improvements. Invitation Homes has consistently maintained that the complaint was without merit.
To resolve the dispute, the company has agreed to pay $19,992,900, pending final approval by the U.S. District Court in the Southern District of California. This settlement will fully release Invitation Homes from the dispute without any admission of liability. The company believes this resolution is in the best interest of all stakeholders and will allow it to focus on its core business operations.
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.
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.
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.
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.
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.
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.
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.
Summary not available.
Summary not available.