Company: INVH
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001687229-25-000036
Chunk: 10

Company: Invitation Homes Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 2
Chunk 10
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, net

Gains (losses) on investments in equity and other securities, net includes unrealized gains and losses resulting from mark to market adjustments and realized gains and losses recognized upon the sale or settlement of certain investments in equity securities and warrants.

Other, net

Other, net includes settlement and other costs related to certain litigation and regulatory matters, interest income, and other miscellaneous income and expenses. 

Gain on Sale of Property, net of tax

Gain on sale of property, net of tax consists of net gains and losses resulting from sales of our homes.

46

Income (Losses) from Investments in Unconsolidated Joint Ventures

Income (losses) from investments in unconsolidated joint ventures consists of our share of net earnings and losses from investments in unconsolidated joint ventures accounted for using the equity method.

Results of Operations

Portfolio Information

As of June 30, 2025 and 2024, we owned 85,905 and 84,640 single-family rental homes, respectively, in our total portfolio. During the three months ended June 30, 2025 and 2024, we acquired 939 and 443 homes, respectively, and sold 295 and 248 homes, respectively. During the three months ended June 30, 2025 and 2024, we owned an average of 85,505 and 84,471 single-family rental homes, respectively. During the six months ended June 30, 2025 and 2024, we acquired 1,516 and 700 homes, respectively, and sold 749 and 627 homes, respectively. During the six months ended June 30, 2025 and 2024, we owned an average of 85,349 and 84,478 single-family rental homes, respectively.

We believe presenting information about the portion of our total portfolio that has been fully operational for the entirety of both a given reporting period and its prior year comparison period provides investors with meaningful information about the performance of our comparable homes across periods and about trends in our organic business. To do so, we provide information regarding the performance of our Same Store portfolio.

As of June 30, 2025, our Same Store portfolio consisted of 77,721 single-family rental homes.

Three Months Ended June 30, 2025 Compared to Three Months Ended June 30, 2024

The following table sets forth a comparison of the results of operations for the three months ended June 30, 2025 and