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Invitation Homes Inc. Common Stock
Invitation Homes owns a portfolio of over 85,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price of around $375,000 and generally less than 1,800 square feet. The portfolio is spread across 17 target markets that feature high employment and household formation growth, with two-thirds of the portfolio in the Western US and Florida; 15 of the 17 markets feature average rents lower than homeownership costs.
invitationhomes.com
Ticker
INVH
Market cap
$17.36B
IPO Date
Feb 1, 2017
Employees
1,725
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