REIT Invitation Homes acquires ResiBuilt in $89 million deal; shares rise

Invitation Homes

16/01/2026 14:29

** Shares of real estate investment trust Invitation Homes up nearly 1% to about $27.3 premarket

** Co acquires ResiBuilt Homes, a build-to-rent (BTR) developer in high-growth markets, to deliver more housing solutions for American families

** Deal is valued at $89 million plus up to $7.5 million in potential incentive-based earn-out payments tied to third party fee build performance

** Deal is expected to be modestly accretive to INVH's 2026 adj. funds from operations

** Eleven of 24 brokerages rate the stock "buy" or higher and 13 "hold"; their median PT is $34, according to data compiled by LSEG

** INVH had fallen 13.1% in 2025

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))