REIT Invitation Homes acquires ResiBuilt in $89 million deal; shares rise

Shares of real estate investment trust Invitation Homes up nearly 1% to about $27.3 premarket

Co acquires ResiBuilt Homes, a build-to-rent (BTR) developer in high-growth markets, to deliver more housing solutions for American families

Deal is valued at $89 million plus up to $7.5 million in potential incentive-based earn-out payments tied to third party fee build performance

Deal is expected to be modestly accretive to INVH's 2026 adj. funds from operations

Eleven of 24 brokerages rate the stock "buy" or higher and 13 "hold"; their median PT is $34, according to data compiled by LSEG

INVH had fallen 13.1% in 2025