Invitation Homes (INVH) to Acquire Around 500 Newly Built Homes

Invitation Homes Inc. (INVH) announced that it has reached an agreement with three top-tier homebuilders to acquire around 500 additional newly built homes for approximately $140 million. The homes will be located in Charlotte, Jacksonville, and Nashville, with deliveries anticipated to begin later in 2024.Scott Eisen, chief investment officer of Invitation Homes, commented, “As lack of supply continues to be a primary culprit in the high cost of housing, we are proud to further broaden our strong homebuild ...