secwatch.observer — SEC 8-K summary
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Issuer:     Invitation Homes Inc. (INVH)
CIK:        0001687229
Form:       8-K
Filed at:   2023-03-03T23:59:59+00:00
Accession:  0001687229-23-000035
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Invitation Homes provides FY2023 guidance and January/February operating metrics
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- New lease rate growth 4.9% Jan, 5.7% Feb; renewal rate growth 8.7% Jan, 7.8% Feb; blended rate growth 7.4% Jan, 7.2% Feb.
- FY2023 Core FFO per share guidance $1.73-$1.81 (6% YoY growth at midpoint); AFFO per share $1.43-$1.51.
- Same Store NOI growth guidance 4.0%-5.5%; Same Store revenue growth 5.25%-6.25%; Same Store OpEx growth 7.5%-9.5%.
- Average occupancy 97.7% Jan, 97.8% Feb; loss to lease ~4% as of end Feb, up from 1-2% year-end.
- Expects on-balance sheet acquisitions $250M-$300M from builder partners; JV acquisitions $100M-$300M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687229/000168722923000035/0001687229-23-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687229/000168722923000035/invh-20230303.htm
  HTML page:      https://secwatch.observer/filing/0001687229-23-000035

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