Invitation Homes reports Jul-Aug QTD same-store rent growth 3.7% blended, occupancy 97.1%

Invitation Homes Inc.

Renewal lease rate growth QTD 4.4%, down from 5.6% in 2Q24; new lease growth 1.9% vs 3.6%.
Same-store blended lease rate growth 3.7% vs 5.0% in 2Q24; average occupancy 97.1% vs 97.5%.
BTR pipeline nearly 2,700 homes (~$914M) with investment yields 6%+.
Value-add revenues expected to reach $63M in 2024E, up from $50M in 2023.
Average new resident income >$164k/yr, income-to-rent ratio 5.8x as of 2Q24.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.