Invitation Homes Inc. (INVH) continues to gain traction, with significant investment interest from major entities like Van Lanschot Kempen Investment Management, Raymond James Financial Inc., and Investure LLC. Recent financial forecasts show promising results for the fourth quarter of 2024 and full-year results from the same year. The upcoming Q1 2025 earnings are highly anticipated.
In executive changes, Timothy J. Lobner has been elevated to the role of COO. Tech innovations are being implemented to enhance the resident and associate experience. Interesting, INVH announced a $200 million joint venture and plans for a $500 million Senior Notes offering with a take-up period until 2035.
Numerous other investment groups including Centersquare Investment Management, APG Asset Management, and Canada Post Corp Registered Pension Plan, have significantly increased their stakes in INVH. The company has faced some legal scrutiny with Scott+Scott Attorneys investigating their directors and officers for potential breach of fiduciary duties. The US FTC also mandated a $48 million fine over hidden fees.
All these advances and hurdles make INVH a significant player to watch in the real estate and rental market sector.
Invitation Homes INVH News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Sat, 26 Apr 2025 17:39:48 GMT - Rating 4 - Innovation -3 - Information 7 - Rumor -1
