Invitation Homes’ $497 Million Follow-On Offering

Simpson Thacher advised Invitation Homes on the offering.

Invitation Homes executed its primary follow-on offering of 12,500,000 shares of common stock, resulting in gross proceeds of approximately $497 million. Citigroup and Morgan Stanley served as the underwriters for the offering. 

Invitation Homes Inc. provides real estate services. The Company owns and operates single-family rental homes, as well as offers acquisition underwriting and execution, upfront capital investment and renovation, ongoing leasing and maintenance operations, and dispositions services. Invitation Homes serves customers in the United States. 

The Simpson Thacher team included Josh Bonnie (Picture), Will Golden, Jon Pacheco and Sam Sergent (Capital Markets – D.C.); Nancy Mehlman, Jasmine Hay and Kris Liu (Tax); and Jennie Getsin (FINRA).

Involved fees earner: Joshua Ford Bonnie – Simpson Thacher & Bartlett; Jennie Getsin – Simpson Thacher & Bartlett; William Golden – Simpson Thacher & Bartlett; Jasmine Hay – Simpson Thacher & Bartlett; Kris Liu – Simpson Thacher & Bartlett; Nancy Mehlman – Simpson Thacher & Bartlett; Jonathan Pacheco – Simpson Thacher & Bartlett; Samantha Sergent – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Invitation Homes Inc.;

Author: Alejandro Girola