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Blackstone's Home Partners of America will pause on buying single-family homes in 38 regional markets in the U.S., it announced Thursday. Home Partners owns over 17,000 houses in more than 80 markets and said it will continue to buy homes in more than 20 hot housing markets across the country.
The company exited its stake in Invitation Homes in 2019, selling the last of its position at $30.10 per share. Blackstone made about $7 billion on its stake in Invitation, more than doubling its money, Bloomberg reported at the time. But shares in the company have increased by 25% since then.
Invitation Homes (INVH), one of the fastest-growing residential real estate investment trusts, continues to deliver strong results. Yet, the risks attached to residential REITs have increased uncertainty for investors, wit...
Invitation Homes competitors include Zillow, American Homes 4 Rent, Progress Residential and Tricon Resdiential.
In October 2021, the subcommittee sent a survey to the five largest owners of single-family rentals in the U.S.: Invitation Homes, American Homes 4 Rent, Cerberus Capital Management's FirstKey Homes, Pretium Partners' Progress Residential and Amherst Residential.
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Blackstone's most notable real estate investments have included EQ Office, Hilton Worldwide, Trizec Properties, Center Parcs UK, La Quinta Inns & Suites, Motel 6, Wyndham Worldwide, Southern Cross Healthcare and Vicinity Centres.
In November 2019, Blackstone divested its share of Invitation Homes. In October 2020, Invitation Homes created a joint venture with Rockpoint Group to purchase $1 billion in single-family homes in Dallas, Seattle, South Florida and other U.S. markets.
What company owns the most single-family homes? Invitation Homes is the largest single owner of single-family rental homes in the United States, managing more than 80,000 homes as of 2021.
Invitation Homes is a public company traded on the New York Stock Exchange.
Top Competitors of Progress Residential Invitation Homes Inc. 1,240. $2 Billion. American Homes 4 Rent. 1,538. $1 Billion. Resicap LP. 900. $467 Million. Cornerstone Home Lending Inc. 1,950. $2 Billion. Apartment Investment and Manag... 800. $743 Million. RKW Residential. 1,240. $1 Billion. Campus Apartments LLC. 486. ... WC Smith. 566.

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