Invitation Homes

General Information
Business:

We are a leading owner and operator of single-family homes for lease in the United States. Our portfolio of nearly 50,000 high quality homes is wholly owned and is concentrated in attractive in-fill submarkets of major MSAs. We have selected locations with strong demand drivers, high barriers to entry and high rent-growth potential. We are highly concentrated in the Western United States and Florida, with 72% of our revenues generated in those regions and 54% of revenues coming from California and Florida alone during the three months ended September 30, 2016.

Industry: REAL ESTATE OPERATORS (NO DEVELOPERS) & LESSORS
Employees: 907
Founded: 2012
Contact Information
Address 1717 Main Street, Suite 2000, Dallas, TX 75201, US
Phone Number (972) 421-3600
Web Address
View Prospectus: Invitation Homes
Financial Information
Market Cap $5891.3mil
Revenues $904.5 mil (last 12 months)
Net Income $-90.1 mil (last 12 months)
IPO Profile
Symbol INVH
Exchange NYSE
Shares (millions): 77.0
Price range $20.00 - $20.00
Est. $ Volume $1540.0 mil
Manager / Joint Managers Deutsche Bank Securities/ J.P. Morgan/ BofA Merrill Lynch/ Goldman Sachs/ Wells Fargo Securities/ Credit Suisse/ Morgan Stanley/ RBC Capital Market
CO-Managers Blackstone Capital Markets/ BTIG/ Evercore ISI/ FBR/ JMP Securities/ Keefe, Bruyette & Woods (A Stifel Company)/ Raymond James/ Siebert Cisneros Shank/ Zelman Partners
Expected To Trade: 2/1/2017
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change