Invitation Homes Stock

Invitation Homes Inc. focuses on owning, renovating, leasing, and operating single-family residential properties in the United States.

The company owns and operates single-family homes for lease. Its homes average approximately 1,850 square feet with three bedrooms and two bathrooms, appealing to a resident base. The company targets submarkets and neighborhoods in undersupplied high-growth markets, and leverages its in-house acquisition and operations teams’ local market expertise to acquire homes in in-fill locations.

The company owns internal brokerages to serve each state in which it operates and utilizes leasing agents who work with it to lease its homes. In some markets, it also utilizes a network of local real estate agents to show homes to prospective residents and offers those agents limited co-broker fees.

History

Invitation Homes Inc. was founded in 2012.