Invitation Homes Inc.

Invitation Homes Inc. (NYSE: INVH) is a leading owner and operator of single-family homes for lease across the United States. As of December 31, 2025, the company wholly owns 86,192 homes for lease, jointly owns 8,006 homes, and provides professional third-party property and asset management services for an additional 15,866 homes, primarily concentrated in 16 core markets spanning the Western United States, Florida, and the Southeast. The company's website is invitationhomes.com.

The company operates a vertically integrated platform that encompasses property acquisition, renovation, leasing, maintenance, and management functions. Invitation Homes targets newly constructed homes through strategic relationships with homebuilders and internal development capabilities, supplemented by selective portfolio acquisitions and individual property purchases. In January 2026, the company acquired ResiBuilt Homes, a fee homebuilder specializing in single-family rental communities, extending its development and construction capabilities. The company also launched a developer lending program in May 2025 to provide selective financing to homebuilders developing single-family communities in high-demand markets.

The company's portfolio consists of homes averaging approximately 1,880 square feet with three to four bedrooms and two bathrooms, designed to appeal to residents seeking flexibility and quality housing. Invitation Homes operates through a resident-centric business model supported by local market expertise and centralized national infrastructure. The company employs approximately 1,725 full-time associates supplemented by temporary and contract resources, with dedicated teams in each core market managing leasing, property maintenance, and resident relations through its ProCare property management platform.

The company's competitive advantages include significant scale and density within core markets, averaging approximately 5,000 homes per market; proprietary pricing tools that analyze local market conditions; vertically integrated operations enabling cost control and consistency; and a resident-focused service model supported by technology infrastructure including mobile applications, smart home technology, and an AI leasing assistant. The company operates as a real estate investment trust and generates revenue primarily through rental income from its owned and jointly owned properties, supplemented by management fees from third-party property management services.