Invitation Homes Inc. (NYSE:INVH) (“Invitation Homes” or the “Company”), the nation’s premier single-family home leasing and management company, announced today its acquisition of ResiBuilt Homes, LLC (“ResiBuilt”), a leading build-to-rent (“BTR”) developer in high-growth markets across the Southeast. The acquisition strengthens Invitation Homes’ ability to deliver thoughtfully designed communities that meet the needs of today’s families. By increasing housing supply through new construction and leveraging capital-light partnerships, the Company aims to help address the nation’s growing demand for attainable, high-quality housing. Invitation Homes acquired ResiBuilt for a contract price of $89 million plus up to $7.5 million in potential incentive-based earn-out payments tied to third-party fee-build performance.
