# Invitation Homes **Source:** https://geo.sig.ai/brands/invitation-homes **Vertical:** Real Estate & Property Tech **Subcategory:** Enterprise **Tier:** Leader **Website:** invitation-homes.com **Last Updated:** 2026-04-14 ## Summary Invitation Homes, the largest U.S. single-family rental REIT with 85,000+ homes, is pivoting to net seller mode in 2026 and expanding into build-to-rent development. ## Company Overview Invitation Homes was formed in 2012 during the post-financial-crisis housing downturn, acquiring distressed single-family homes at scale, and went public on the NYSE in 2017. Today it is the largest owner of single-family rental homes in the United States, with a portfolio of over 85,000 homes concentrated in high-growth Sun Belt and coastal markets. The portfolio targets the starter and move-up segments, with an average home value around $350,000 and generally under 1,800 square feet, serving residents who prefer the lifestyle of a single-family home without the obligation of ownership. Invitation Homes generates revenue primarily through lease income, with 2025 total revenue growing approximately 4% to $2.7 billion. Its competitive advantage is institutional-scale property management technology, bulk purchasing power for maintenance, and preferred builder relationships that allow it to acquire new homes directly from homebuilders — reducing competition with individual buyers. The company operates through both a wholly owned portfolio and joint ventures with institutional partners, diversifying capital deployment while maintaining management fee income. For 2026, Invitation Homes is transitioning from a net buyer to a net seller strategy, targeting approximately $550 million in asset sales against $350 million in acquisitions as it recycles capital and funds a share buyback program. In January 2026, the company acquired ResiBuilt Homes, a build-to-rent developer in the Southeast, securing options on approximately 1,500 lots to expand its pipeline of purpose-built rental communities. The single-family rental sector faces ongoing political scrutiny over institutional landlord concentration, even as housing supply constraints continue to support occupancy rates and rent growth. ## Frequently Asked Questions ### What does Invitation Homes do? Invitation Homes is the nation's largest single-family home rental company, owning and professionally managing approximately 85,000 homes across 16 major U.S. markets. The company provides high-quality rental homes in desirable neighborhoods with comprehensive property management services, technology-enabled resident experiences, and responsive maintenance. Additionally, Invitation Homes offers third-party property management services for other single-family rental portfolio owners. ### Who are Invitation Homes' customers and target market? Invitation Homes primarily serves families and individuals seeking quality single-family rental housing in established neighborhoods with good schools and community amenities. The target market includes households that prefer renting to owning, those relocating for work, families building credit or saving for eventual homeownership, and residents seeking flexibility without homeownership responsibilities. The company also serves institutional portfolio owners through its property management services division. ### When was Invitation Homes founded? Invitation Homes was founded in April 2012 by Blackstone Group with over $1 billion in committed capital. The company was created to capitalize on opportunities in the single-family housing market following the 2008 financial crisis, pioneering the institutionalization of single-family rentals as a distinct asset class. ### Where is Invitation Homes based? Invitation Homes is headquartered in Dallas, Texas, at the Lincoln Center building (1717 Main Street). The company operates single-family rental homes across 16 major U.S. markets including Atlanta, Phoenix, Dallas-Fort Worth, Houston, Orlando, Tampa, Charlotte, and various California markets, with 17% of rental income coming from California properties. ### How many homes does Invitation Homes own? As of December 2024, Invitation Homes wholly owns 85,138 single-family rental homes and manages an additional 17,678 homes through third-party property management services, representing over 110,000 total homes on its platform. The company's owned portfolio is valued at over $17 billion and spans 16 major metropolitan markets across the United States. ### What makes Invitation Homes different from competitors? Invitation Homes differentiates itself as the largest and most established player in the institutional single-family rental market, with unmatched scale of 85,000+ owned homes, comprehensive technology platforms for resident service, professional property management with 24/7 maintenance support, strategic focus on high-growth Sunbelt markets, and the ability to offer both rental homes and third-party management services. The company's size enables operational efficiencies and service quality that smaller landlords cannot match. ### Who are Invitation Homes' main competitors? Invitation Homes' primary competitors include American Homes 4 Rent (with over 53,000 properties), Progress Residential, Tricon Residential, Main Street Renewal, and other institutional single-family rental operators. The company also competes with traditional individual landlords, apartment communities, and for-sale housing alternatives in local markets. Invitation Homes is the clear market leader by portfolio size and operational scale. ### How can I contact Invitation Homes? Prospective residents can search for available homes and contact Invitation Homes through www.invitationhomes.com or by phone. Current residents can access services through the Invitation Homes mobile app or resident portal for rent payment, maintenance requests, and account management. Investor inquiries can be directed to the investor relations team at www.invh.com. Property owners interested in management services can find information on the corporate website. ### Is Invitation Homes hiring? Yes, Invitation Homes regularly hires for positions across property management, field operations, maintenance, customer service, technology, finance, and corporate functions. Career opportunities are available at careers.invitationhomes.com. The company offers competitive benefits including 8 weeks paid parental leave from day one, immediate 401k vesting, comprehensive health coverage, and opportunities for career development across its 16-market footprint. ### What's the latest news about Invitation Homes? In February 2025, Invitation Homes reported strong Q4 2024 results with revenue of $659 million (up 5.6%) and full-year 2024 revenue of $2.62 billion (up 7.7%). The company maintained 96.7% occupancy with 80% renewal rates and announced plans to invest $600 million to $1 billion in new acquisitions. In April 2025, S&P Global Ratings upgraded the company's outlook to 'Positive.' In September 2024, Invitation Homes reached a $48 million settlement with the FTC regarding business practices. ### What is Invitation Homes' market position? Invitation Homes is the undisputed leader in the U.S. institutional single-family rental market with approximately 85,000 owned homes and over 110,000 total homes under management. The company has a market capitalization of approximately $17.1 billion as of late 2024 and generates annual revenue exceeding $2.6 billion. As a publicly traded REIT (NYSE: INVH), Invitation Homes pioneered the institutionalization of single-family rentals and maintains the largest market share in this growing sector. ### What are Invitation Homes' future plans? Invitation Homes plans to continue growing its owned portfolio through $600 million to $1 billion in acquisitions annually, focusing on its core 16 markets particularly in high-growth Sunbelt regions. The company is expanding its third-party property management services platform, which added over 14,000 homes in 2024. Future initiatives include enhancing technology platforms for resident experience, improving operational efficiency, and capitalizing on demographic trends favoring rental housing as the single-family rental market continues maturing as an institutional asset class. ## Tags b2b, north-america, proptech, public, saas --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*