Core Viewpoint - The proposed legislation by Trump aims to prevent large landlords from acquiring additional existing single-family homes, which could help stabilize housing prices during a potential market downturn [1][22]. Group 1: Impact of Legislation - Only 6.3% of single-family rentals (SFRs) are owned by landlords with 100 or more properties, meaning the proposed ban would primarily affect a small segment of the market [2]. - Mom-and-pop landlords, who own 82.6% of SFRs, are the dominant force in the rental market and would not be impacted by the proposed legislation [2][12]. Group 2: Market Dynamics - The single-family rental market has seen a rise in institutional investors since 2011, driven by low borrowing rates that allowed them to purchase homes out of foreclosure [7][8]. - In 2022, major SFR landlords began selling properties at significant profits and shifted their focus to building new rental developments rather than purchasing existing homes [9][12]. Group 3: Build-to-Rent Trend - Build-to-rent developments have become increasingly popular, featuring common amenities and lower operational costs compared to older scattered-site homes [10]. - Major landlords are now acquiring entire build-to-rent developments, with significant investments made in this area since 2022 [15][19]. Group 4: Major Players in the Market - The largest single-family rental landlords include Progress Residential with nearly 100,000 SFRs, Invitation Homes with 97,036 SFRs, and Blackstone with 62,000 SFRs [11][15][17]. - These landlords have shifted strategies, moving away from scattered-site acquisitions to focus on building or purchasing new developments [12][16][19].

Eisen said ResiBuilt currently has 23 active fee-build contracts, with more than 2,000 home starts planned for 2026 and beyond. Management expects “nearly all” near-term activity to remain third-party fee-based, which Eisen said should generate capital-light earnings and provide “modest accretion” to 2026 AFFO. Beyond contracted work, Eisen said ResiBuilt offers opportunities to develop around 1,500 lots in Atlanta, Charlotte, and Orlando, and that over time Invitation Homes expects to selectively develop h ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-38004 Invitation Homes Inc. (Exact name of registrant as specified in its charter) Maryland 90-0939055 (State or other jurisdiction of incorporat ...

Invitation Homes (NYSE:INVH) Q4 2025 Earnings call February 19, 2026 11:00 AM ET Company ParticipantsAmy Probandt - Executive Director of Equity ResearchDallas Tanner - President and CEOJamie Feldman - Managing Director and Head of REIT ResearchJason Sabshon - Assistant VP of Equity ResearchJason Wayne - VP of Equity ResearchJon Olsen - CFOScott Eisen - Chief Investment OfficerScott McLaughlin - SVP of Investor RelationsTim Lobner - COOConference Call ParticipantsAustin Wurschmidt - Director and Equity Rese ...

Invitation Homes (NYSE:INVH) Q4 2025 Earnings call February 19, 2026 11:00 AM ET Company ParticipantsDallas Tanner - President and CEOJason Wayne - VP of Equity ResearchJon Olson - CFOScott Eisen - Chief Investment OfficerScott McLaughlin - SVP of Investor RelationsTimothy Lobner - COOConference Call ParticipantsAmy Lo - AnalystAustin Wurschmidt - Equity Research AnalystBrad Heffern - Equity Research AnalystEmily White - Director and Equity Research AnalystEric Wolfe - VP and Equity Research AnalystHaendel ...

Invitation Homes (NYSE:INVH) Q4 2025 Earnings call February 19, 2026 11:00 AM ET Speaker13Welcome to the Invitation Homes fourth quarter 2025 earnings conference call. All participants are in listen-only mode at this time. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. As a reminder, this conference is being recorded. At this time, I would like to turn the conference over to Scott McLaughlin, Senior Vice President of Investor Relations. Please go ...

Key Takeaways Invitation Homes reported Q4 core FFO of $0.48 per share, up from $0.47, with revenues up 4%.INVH lifted same-store NOI 0.7% on 1.7% revenue growth as occupancy slipped 90 basis points.Invitation Homes sees 2026 core FFO of $1.90-$1.98 per share; consensus stands at $1.99.Invitation Homes Inc. (INVH) reported fourth-quarter 2025 core funds from operations (FFO) per share of 48 cents, meeting the Zacks Consensus Estimate. This compared favorably with the FFO per share of 47 cents a year ago.The ...

Management attributes the current demand for single-family rentals to a significant affordability gap, noting that renting in their markets is approximately $12,000 cheaper annually than owning. The acquisition of ResiBuilt marks a strategic pivot toward in-house development, intended to provide greater control over cost, product quality, and delivery pace compared to third-party partnerships. Performance in the fourth quarter was characterized by a 'tale of two cities' in leasing, where strong 4.2% r ...

Invitation Home (INVH) came out with quarterly funds from operations (FFO) of $0.48 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -0.35%. A quarter ago, it was expected that this real estate investment trust focused on single-family rentals would post FFO of $0.47 per share when it actually produced FFO of $0.47, delivering no surprise.Over the l ...

Table of Contents | Earnings Press Release | 3 | | --- | --- | | Consolidated Financial Statements | 9 | | Schedule 1: Reconciliation of FFO, Core FFO, and AFFO | 11 | | Schedule 2: Capital Structure Information | 12 | | Schedule 3: Same Store Portfolio Core Operating Detail | 16 | | Schedule 4: Home Characteristics by Market | 18 | | Schedule 5: Same Store Operating Information by Market | 19 | | Schedule 6: Cost to Maintain and Capital Expenditure Detail | 26 | | Schedule 7: Adjusted Property Management a ...