Items Tagged with 'Invitation Homes'

ARTICLES

  • Blackstone sells off more than $1 billion in shares of Invitation Homes

    Private equity giant helped build single-family rental empire
    After helping build Invitation Homes into one of the nation’s largest single-family rental operators, Blackstone is now cashing out on part of its investment. Blackstone, which took Invitation Homes public in 2017, sold off more than $1 billion in shares of the company’s stock this week.
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  • Jason Shapiro joins LOGS Network as chief revenue officer

    Previously served as president of title & abstract and owner of ERA Rising Realty
    LOGS Network, a legal service provider for the residential mortgage and consumer credit industry, recently announced it appointed Jason Shapiro to the position of chief revenue officer. Shapiro will be responsible for managing the national sales, marketing and business development efforts for the company’s law firms, title companies and affiliated entities.
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  • Nation's largest single-family rental owners offer rent relief to unpaid federal workers

    Become latest to give affected workers a break
    American Homes 4 Rent, FirstKey Homes, Front Yard Residential, Invitation Homes, Progress Residential, and Tricon American Homes are offering the option of deferring their rent payment with no late fees to any of their residents who are among the approximately 800,000 federal workers who are either furloughed or working without pay because of the federal government shutdown.
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  • Reuters takes aim at Invitation Homes

    Investigative piece alleges abuse by the SFR giant; Invitation Homes denies wrongdoing
    On Friday, Reuters broke news of its investigation into allegations of negligence against single-family rental giant Invitation Homes. The report details complaints of infestation, shoddy appliances, mold, long waits for repairs and “fee stacking,” all of which Invitation Homes denies or says were addressed in a timely fashion. This news broke ahead of Blackstone's, owner of Invitation Homes, purchase of a majority position in Reuters Financial Services division.
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  • Monday Morning Cup of Coffee: Reuters publishes hit piece on Invitation Homes

    Plus a $1 billion listing, dwindling numbers of homeowners in the City of Angels and more
    Alright, alright, alright. It’s that time again. Monday is upon us and we’re serving up another round of Monday Morning Cup of Coffee. There’s drama in the single-family rental market after Reuters dropped a bombshell report on the largest single-family home landlord in the nation, Invitation Homes, detailing numerous allegations of neglect and sketchy business practices.
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  • Opendoor raises $325 million, plans nationwide expansion

    Direct homebuyer plots expansion into 50 markets by 2020
    One of the biggest players in the growing direct homebuyer segment is about to get much, much bigger. Opendoor, an online marketplace that buys homes directly from homeowners, announced Wednesday that it secured $325 million in new funding and is planning a nationwide expansion of its homebuying platform.
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  • Moody’s: Invitation Homes, Starwood Waypoint merger good for investors, but risks remain

    SFR securitization investors stand to gain from improved “economies of scale”
    Investors who bought into the single-family rental securitizations from Invitation Homes and Starwood Waypoint Homes stand to gain from the recently announced merger of the two SFR giants, but the deal is not without some inherent risk, Moody’s Investors Service said in a new report.
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  • Invitation Homes, Starwood Waypoint Homes to merge; create nation’s largest single-family landlord

    Consolidation in single-family rental business continues
    Three years ago, the nation’s four largest operators of single-family rental homes joined together to form a trade group. The founding members of the group were Colony American Homes, Invitation Homes, American Homes 4 Rent, and Starwood Waypoint Residential Trust. Now, thanks to a series of consolidations, that big four is about to be a big two. Meet the new Invitation Homes, the nation’s largest single-family rental landlord, by a wide margin.
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  • Invitation Homes goes public, raises $1.54 billion

    Stock for single-family rental operator up in early trading
    After months of rumors, Invitation Homes, Blackstone Group’s single-family rental operator, finally went public on Tuesday, raising more than $1.5 billion in its initial public offering. And in early trading, the stock traded above the IPO price of $20, checking in at $20.26 as of 10:58 a.m. Eastern.
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