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Invitation Homes (FRA:4IV) Accounts Payable & Accrued Expense for Financial Companies


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What is Invitation Homes Accounts Payable & Accrued Expense for Financial Companies?

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Invitation Homes (FRA:4IV) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Invitation Homes Inc (FRA:4IV) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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Address
1717 Main Street, Suite 2000, Dallas, TX, USA, 75201
Invitation Homes owns a portfolio of nearly 83,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price around $300,000 and generally less than 1,800 square feet. The portfolio is spread across 16 target markets that feature high employment and household formation growth with over 70% of the portfolio in the Western U.S. and Florida; 15 of the 16 markets featuring average rents lower than homeownership costs.