PulteGroup (PHM), Invitation Homes (INVH) Form Strategic Relationship to Build Single-Family Rental Projects in Select PulteGroup Communities

Go back to PulteGroup (PHM), Invitation Homes (INVH) Form Strategic Relationship to Build Single-Family Rental Projects in Select PulteGroup Communities

PulteGroup and Invitation Homes Form Strategic Relationship to Build Single-Family Rental Projects in Select PulteGroup Communities

July 26, 2021 4:30 PM EDT

PulteGroup to Become Preferred Provider of New Homes for Invitation Homes

ATLANTA--(BUSINESS WIRE)-- PulteGroup, Inc. (NYSE: PHM), the nations third largest homebuilder, and Invitation Homes (NYSE: INVH), the nation's premier single-family home leasing company, announced today the formation of an innovative strategic relationship. As part of this relationship, PulteGroup expects to design and build approximately 7,500 new homes over the next five years specifically for sale to Invitation Homes for inclusion in their single-family rental (SFR) leasing portfolio.

The companies have... More