Invitation Homes Investor Presentation Deck
Differentiated Approach To Build-To-Rent (BTR)
We partner with the nation's best homebuilders rather than competing directly against them
Our homebuilder-relationship approach to BTR offers what
we believe are comparable investment yields of 6%+ with
few of the risks of on-balance sheet BTR development
We recently announced that Alicia MacPhee, our SVP
Operations East, will move into the newly created role of
SVP BTR Asset Management, to oversee and capture
additional value from our BTR growth and operations
As of September 30, 2023, our BTR pipeline was nearly
2,000 homes or over $750M with some of the nation's
largest and best homebuilders including Pulte, Lennar, and
many others
TOHOQUA
LENNAR
HOMES
PULTE
HOMES
PULTE
ACTIVE ADULT
RESIDENTS
CLUB
TOHOQUA.COM
Orlando
TENNIS
V
Ma
990
Orlando
We enter into each new contract on a project by project basis,
with Invitation Homes remaining selective on pricing and location
Our homebuilder partners develop homes at the highest level of
quality that an end-user would expect, along with our customary
finishes that further harden and extend the life of the asset
Each home includes standard homebuilder warranties and
guarantees, keeping our expected OpEx costs low for many years
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