Platform formation Mar 2022 Verified
Invitation Homes and Rockpoint Form Premier-Product Joint Venture
Invitation Homes announced a $750 million (including debt) joint venture with Rockpoint Group in March 2022. The JV targets premium-location homes with rents averaging 30%-60% higher than Invitation Homes' traditional strategy. Invitation Homes will earn asset management and property management fees.
“Announced March 2022 as a $750M (including debt) premier-product joint venture with Rockpoint Group”
Entities
Invitation Homes Inc. · Sponsor Rockpoint Group · Sponsor
Other Sentiment: Positive
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