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Fitch Revises Invitation Homes’ Rating Outlook to ‘Positive’ from ‘Stable’

DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), announced today that Fitch Ratings (“Fitch”) revised its rating outlook for the Company to ‘Positive’ from ‘Stable’ and affirmed the Company’s ratings, including the ‘BBB’ Long-Term Issuer Default Ratings.

In its public announcement on the matter, Fitch cited its “positive outlook revision considers [the Company’s] balance sheet and capital access strength” and noted that “such access positions the Company well for opportunistic transactions and cushion in addressing upcoming maturities. This is possible with Invitation Homes’ relationships with builders, joint venture partnerships and capital recycling program that provide for a variety of funding avenues and future growth opportunities.”

About Invitation Homes

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The Company's mission, "Together with you, we make a house a home," reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.

Contacts

Investor Relations Contact:
Scott McLaughlin
844.456.INVH (4684)
IR@InvitationHomes.com

Media Relations Contact:
Kristi DesJarlais
972.421.3587
Media@InvitationHomes.com

Invitation Homes Inc.

NYSE:INVH
Details
Headquarters: Dallas, Texas
CEO: Dallas Tanner
Employees: 1,150
Organization: PUB
Revenues: $1.7 billion (2019)
Net Income: $145 million (2019)

Release Versions

Contacts

Investor Relations Contact:
Scott McLaughlin
844.456.INVH (4684)
IR@InvitationHomes.com

Media Relations Contact:
Kristi DesJarlais
972.421.3587
Media@InvitationHomes.com

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