Invitation Homes Announces Acquisitions Update and Launch of Developer Lending Program
Summary
Invitation Homes updated investors on its recent property acquisitions and announced its first developer lending agreement. The company partnered with homebuilders to acquire more than 300 newly built single-family homes across major growth markets, including Dallas, Denver, and Nashville. It also issued a $32.7 million loan to finance development of a 156-home community in Houston. The loan gives Invitation Homes an option to acquire the community after stabilization, reinforcing its strategy to support housing supply while creating future acquisition opportunities.
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