Invitation Homes Inc. (NYSE:INVH) Files An 8-K Regulation FD Disclosure
Item 7.01
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Regulation FD Disclosure.
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that on March 9, 2017, to the terms of the Loan Agreement, dated
as of May 30, 2014, by and between 2014-1 IH Borrower L.P. (the
Borrower), a Delaware limited partnership and a wholly-owned
subsidiary of the Company, and German American Capital
Corporation (as amended, the Loan Agreement), the Borrower
voluntarily prepaid approximately $260 million of borrowings
outstanding under the Loan Agreement. This voluntary prepayment
reduced the Borrowers outstanding obligation under the Loan
Agreement to approximately $421 million. The prepayment was made
with proceeds received in connection with the Companys initial
public offering of its common stock and cash on hand. A copy of
the press release announcing the prepayment is attached hereto as
Exhibit 99.1.
hereto shall neither be deemed filed for the purposes of Section
18 of the Securities Exchange Act of 1934, as amended (the
Exchange Act), or otherwise subject to the liabilities of that
section, nor shall they be deemed incorporated by reference in
any filing made by the Company under the Securities Act of 1933,
as amended, or the Exchange Act, except to the extend as shall be
expressly set forth by specific reference in such filing.
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(d)
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Exhibits.
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99.1
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Press Release of Invitation Homes Inc. dated March 10,
2017. |
About Invitation Homes Inc. (NYSE:INVH)
Invitation Homes Inc. is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States. The Company’s segment relates to acquiring, renovating, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments. As of September 30, 2016, the Company’s averaged approximately 1,850 square feet with three bedrooms and two bathrooms. As of September 30, 2016, the Company’s portfolio included 48,431 homes. As of September 30, 2016, the Company’s homes were located in Southern California, Northern California, Seattle, Phoenix and Las Vegas in Western United States; South Florida, Tampa, Orlando and Jacksonville in Florida; Atlanta and Charlotte in Southeast United States, and Chicago and Minneapolis in Midwest United States. As of September 30, 2016, the Company had 73 homes in escrow that we expected to acquire, subject to customary closing conditions. Invitation Homes Inc. (NYSE:INVH) Recent Trading Information
Invitation Homes Inc. (NYSE:INVH) closed its last trading session down -0.31 at 21.24 with 1,303,081 shares trading hands.
