Invitation Homes Inc., the largest single-family home landlord in America, has been facing various updates in recent news. The company was fined by the
US FTC for $48 million over concealed fees. Despite the setback, many analysts including Goldman Sachs regard it as a long-term leader in the single-family rentals market. Invitation Homes secured a
$891.9M loan through a joint venture and announced the pricing of a
$500 Million senior notes issue due 2035. Several financial institutions like
Presima Securities ULC and
Point72 Asset Management L.P. increased their stake in the company during this period. Invitation Houses' stock experienced a drop due to related controversies and leasing concerns. However, its shares are considered
undervalued, and it is appreciated for providing strong dividend growth. The company announced changes in its leadership to foster growth and resolved legal controversies in San Diego, which further cleared its path for potential growth.
Invitation Homes INVH News Analytics from Tue, 31 Jan 2017 08:00:00 GMT to Wed, 23 Oct 2024 06:50:21 GMT -
Rating -2
- Innovation 0
- Information 8
- Rumor -6
