Company: INVH
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001687229-25-000008
Chunk: 24

Company: Invitation Homes Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 24
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 the voluntary prepayment of the IH 2018-4 mortgage loan, and to fund $54.2 million of financing costs. During the year ended December 31, 2023, we issued $790.1 million of unsecured notes, net of discount, and used the proceeds to fund $7.8 million of financing costs and increase cash reserves for general corporate purposes. We also made dividend and distribution payments totaling $692.6 million during the year ended December 31, 2024 compared to $640.5 million during the year ended December 31, 2023, which were funded by cash flows from operations.

Year Ended December 31, 2023 Compared to Year Ended December 31, 2022

For similar operating and financial data and discussion of our results for the year ended December 31, 2023 compared to the year ended December 31, 2022, refer to Part II. Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operation — Cash Flows” of our 2023 10-K.

Contractual Obligations

Our contractual obligations as of December 31, 2024, consist of the following: 

($ in thousands)Total20252026-20272028-2029ThereafterMortgage loans(1)(2)(3)$1,091,138 $41,826 $1,049,312 $— $— Secured Term Loan(1)(2)(3)496,188 14,460 28,921 28,961 423,846 Unsecured Notes(1)(2)(3)4,884,356 139,110 278,220 1,007,148 3,459,878 Term Loan Facilities(1)(2)(3)(4)3,098,580 134,763 269,525 2,694,292 — Revolving Facility(1)(2)(3)(4)(5)723,731 32,756 65,513 625,462 — Derivative instruments(1)(6)(89,684)(25,660)(47,570)(16,454)— Purchase commitments(7)634,742 443,879 190,863 — — Operating leases28,142 4,402 7,761 5,281 10,698 Finance leases9,488