Real Estate & Property Mgmt

Invitation Homes

Blackstone created Invitation Homes by purchasing 80,000+ single-family homes during the foreclosure crisis (2012-2019), becoming the largest single-family rental landlord in the U.S. Tenants report above-market rent increases (20-40% in some markets), aggressive late fees, and difficult maintenance responsiveness. IPO'd in 2017.

FOUNDED
2012
ACQUIRED
The Blackstone Group, 2012

Editorial Record

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Timeline

2012

Invitation Homes founded

2012

Acquired by The Blackstone Group

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