secwatch.observer — SEC 8-K summary
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Issuer:     Invitation Homes Inc. (INVH)
CIK:        0001687229
Form:       8-K
Filed at:   2024-09-06T23:59:59+00:00
Accession:  0001687229-24-000055
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687229/000168722924000055/0001687229-24-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687229/000168722924000055/invh-20240905.htm
  HTML page:      https://secwatch.observer/filing/0001687229-24-000055

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