secwatch.observer — SEC 8-K summary
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Issuer:     Invitation Homes Inc. (INVH)
CIK:        0001687229
Form:       8-K
Filed at:   2026-06-01T10:45:10+00:00
Accession:  0001687229-26-000037
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InvH April-May SS occupancy 97.2%, rent growth 2.5%; valuation discount to NAV
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- April-May 2026 same store avg occupancy 97.2%, blended rent growth 2.5%, accelerating ~100bps from Q1 2026.
- Implied per home valuation of $294K at $29 stock price, 31% discount to 1Q26 avg sales price of $427K.
- ResiBuilt acquisition expected to contribute $0.02 per share to 2026 AFFO; adds development capabilities.
- Net Debt/TTM Adj. EBITDA 5.6x, $1.3B liquidity, no debt maturing before June 2027; ~90% unencumbered.
- Same Store NOI growth since 2017 IPO: +64.3%, outperforming national and coastal multifamily peers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687229/000168722926000037/0001687229-26-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687229/000168722926000037/invh-20260601.htm
  HTML page:      https://secwatch.observer/filing/0001687229-26-000037

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