Invitation Homes NYSE IPO

Overview:

• Home rental company Invitation Homes has undertaken a $1.54 billion IPO on the NYSE.
• This was the largest IPO by a US real estate investment trust (REIT) since 2014.
• Invitation Homes is owned by private equity firm Blackstone.
• Along with the recent IPO by the Keane Group, Invitation Homes's marks an uptick in IPOs to begin the year.
• Deutsche Bank and JPMorgan Chase were lead underwriters.

Kurt Stumpo - Journalist