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Invitation Homes Inc . (NYSE:INVH) announced that President Charles D. Young has resigned, effective September 1, 2025. The company stated that Chief Executive Officer Dallas B. Tanner will take on the additional role of President after Young’s departure.
According to the company’s statement in a press release, Young is leaving to pursue other opportunities. The filing noted that his resignation is not the result of any disagreement with the company regarding its strategy, operations, performance, policies, or practices.
Invitation Homes reported that no new compensatory arrangements have been made with Tanner in connection with his expanded responsibilities. Biographical information about Tanner is available in the company’s definitive proxy statement for its 2025 annual meeting.
This information is based on a statement provided in a recent filing with the Securities and Exchange Commission. Invitation Homes is a real estate operator listed on the New York Stock Exchange under the ticker INVH.
In other recent news, Invitation Homes reported first-quarter 2025 earnings that exceeded expectations, with earnings per share (EPS) at $0.27, surpassing the forecast of $0.18. The company’s revenue also outperformed projections, reaching $674.48 million compared to the anticipated $658.29 million. Additionally, Invitation Homes declared a quarterly cash dividend of $0.29 per share, to be paid by July 18, 2025, to shareholders of record as of June 26, 2025. In another development, Citi analysts upgraded Invitation Homes’ stock rating from Neutral to Buy, raising the price target to $38.50 from $35.00. This upgrade was based on expected earnings growth and a comparison of net operating income with American Homes (NYSE:AMH) 4 Rent. Furthermore, Invitation Homes expanded its portfolio by acquiring over 300 newly constructed single-family homes, investing more than $100 million in high-demand markets like Dallas, Denver, and Nashville. The company also launched a developer lending program, with a $32.7 million loan to support a 156-home community in Houston, potentially leading to future acquisitions. These recent developments highlight Invitation Homes’ strategic growth and financial performance.
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