Invitation Homes completed the acquisition of a portfolio of nearly 1.9k homes for $650m.

Invitation Homes, a company that offers offer homes for lease in neighborhoods across America, completed the acquisition of a portfolio of nearly 1.9k homes for $650m. "In addition, we're excited by our recent portfolio acquisition that adds nearly 1.9k homes that are among the best located and highest quality within our portfolio today. We believe this acquisition's attractive entry point and high-growth outlook align well with our disciplined investment approach, providing further evidence of the benefits of our multichannel acquisition strategy, industry-leading scale, and best-in-class platform. Looking ahead, we believe these newly acquired homes will help drive strong NOI growth and value creation, and we remain committed as ever to sourcing focused and value-additive external growth opportunities," Dallas Tanner, Invitation Homes CEO.