secwatch.observer — SEC 8-K summary
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Issuer:     Invitation Homes Inc. (INVH)
CIK:        0001687229
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001687229-23-000049
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Invitation Homes April same-store new lease rate growth accelerates to 7.5%; occupancy 97.8%
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- April blended rate growth of 7.3% consistent with 1Q23; new lease rates rose to 7.5% from 5.7% in 1Q.
- Renewal rate growth of 7.2% in April vs 8.0% in 1Q23; loss to lease approximated 5-6%.
- Average occupancy 97.8% in April, matching 1Q23; resident incomes avg >$134K with 5.1x income-to-rent.
- Renting a home is cheaper than buying in all 16 markets by weighted avg >$900/month (~30%).
- Over $1.3B liquidity, no debt maturities before 2026, 83.1% homes unencumbered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687229/000168722923000049/0001687229-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687229/000168722923000049/invh-20230508.htm
  HTML page:      https://secwatch.observer/filing/0001687229-23-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer