Invitation Homes Eyes Next 80,000 Houses as Suburbs Boom
- Largest singe-family landlord weighs chance to boost footprint
- Market is tight as low mortgage rates prop up housing prices
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It was a good quarter for the suburbs.
Invitation Homes Inc., the largest U.S. single-family landlord with roughly 80,000 houses, posted higher occupancy rates and revenue that beat estimates as renters decided that life during the pandemic is better with extra rooms and a backyard.