Invitation Homes Inc. has announced a significant expansion in its real estate investments and the launch of a new developer lending program. During the second quarter, the company acquired over 300 newly built single-family homes in key growth markets such as Dallas, Denver, and Nashville, with an investment exceeding $100 million. Additionally, Invitation Homes initiated its developer lending program with a $32.7 million loan to a homebuilder for the development of a 156-home community in Houston. This loan, secured by the development, includes a potential acquisition opportunity for the company upon the project's stabilization. This initiative marks a strategic effort by Invitation Homes to support the creation of new housing supply while also positioning itself for future acquisitions.
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