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Invitation Homes spends $216 million on build-to-rent projects in 60 days

Developer closes on $3.5 billion credit facility to pay debt
Dallas-based Invitation Homes has said it plans to invest $1 billion in expanding its build-to-rent portfolio this year after spending roughly the same amount in 2023. (CoStar)
Dallas-based Invitation Homes has said it plans to invest $1 billion in expanding its build-to-rent portfolio this year after spending roughly the same amount in 2023. (CoStar)
CoStar News
September 11, 2024 | 3:54 P.M.

Invitation Homes, the nation’s largest single-family home landlord, has reported more than $200 million in total investment activity through the first two months of the third quarter to meet strong tenant demand. The real estate investment trust also opened a new $3.5 million line of credit to pay debt.

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