Invitation Homes and Rockpoint to form a $375m joint venture.

Invitation Homes, an owner and operator of single-family rental homes, and Rockpoint, a real estate private equity firm, agreed to form a $375m joint venture that will acquire single-family homes to operate as rental residences. "We view this investment as an opportunity to supplement our long-standing focus on for-rent housing across the United States through a partnership with a proven industry leader in the single-family rental sector. We are thrilled to be investing alongside Invitation Homes and to be part of the housing solution in America by expanding quality of choice for those seeking homes for lease in areas with attractive supply and demand fundamentals," Keith Gelb, Rockpoint Co-Founder.