Invitation Homes Inc

NYSE:INVH   3:59:59 PM EDT
27.26
-0.14 (-0.51%)
Products, Strategic Combinations, Mergers / Acquisitions

Invitation Homes Announces $375 Million Joint Venture With Rockpoint To Acquire Single Family Rental Homes

Published: 10/07/2020 10:58 GMT
Invitation Homes Inc (INVH) - Invitation Homes Announces $375 Million Joint Venture With Rockpoint to Acquire Single-family Rental Homes.
Invitation Homes Inc - $75 Million (20%) of Total Equity Will Be Committed by Invitation Homes and $300 Million (80%) Will Be Committed by Rockpoint.
Invitation Homes Inc - Total of Over $1 Billion (including Debt) is Expected to Be Deployed by Jv.
Invitation Homes Inc - Will Provide Investment, Asset Management, and Property Management Services to Jv.
Invitation Homes Inc - for Co's Services to Jv, It Will Earn Asset Management and Property Management Fees.