Company: INVH
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001193125-25-179878
Chunk: 14

Company: Invitation Homes Inc.
Filing Date: 2025-08-13
Form: 424B5
Chunk 14
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 a default on other indebtedness. |

If any one of these events were to occur, our financial condition, results of operations, cash flows and cash available for distribution, including our ability to satisfy our debt service obligations with respect to the notes, could be materially adversely affected. Furthermore, foreclosures could create taxable income without accompanying cash proceeds, which could hinder our ability to meet the real estate investment trust (“REIT”) distribution requirements imposed by the Internal Revenue Code of 1986, as amended. Additionally, payments of principal and interest on borrowings may leave us with insufficient cash resources to meet our other cash needs or to make distributions to our common stockholders that are necessary to maintain our REIT qualification. The effective subordination of the notes may limit our ability to satisfy our obligations under the notes. The notes will be the operating partnership’s senior unsecured obligations and will rank equally in right of payment with all of the operating partnership’s other existing and future senior unsecured indebtedness. The notes will be effectively subordinated in right of payment to:

| • |     | all of the operating partnership’s existing and future mortgage indebtedness and other secured indebtedness 
 (to the extent of the value of the collateral securing such indebtedness);                                  |

| • |     | all existing and future indebtedness and other liabilities, whether secured or unsecured, of the operating                                                     
 partnership’s subsidiaries that do not guarantee the notes and of any entity the operating partnership accounts for using the equity method of accounting; and |

| • |     | all preferred equity not owned by the operating partnership, if any, in any of the operating partnership’s                                   
 subsidiaries that do not guarantee the notes and in any entity the operating partnership accounts for using the equity method of accounting. |

Similarly, each guarantee of the notes will be a senior unsecured obligation of the applicable guarantor and will rank equally in right of payment with all other existing and future senior unsecured indebtedness and guarantees of such guarantor. A guarantor’s guarantee of the notes will be effectively subordinated in right of payment to:

| • |     | all existing and future secured indebtedness and secured guarantees of such guarantor (to the extent of the value 
 of the collateral securing such indebtedness or guarantees);                                                      |

| • |     | all existing and future indebtedness and other liabilities, whether secured or unsecured, of such                                                 
 guarantor’s subsidiaries that do not guarantee the notes and of any entity such guarantor accounts for using the equity method of accounting; and |