Company: INVH
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001193125-25-179878
Chunk: 56

Company: Invitation Homes Inc.
Filing Date: 2025-08-13
Form: 424B5
Chunk 56
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 be protected in relying on instructions from DTC or its nominee for all purposes. DTC has advised the operating partnership that it will take any action permitted to be taken by a holder of notes only at the direction of one or more Participants to whose account DTC has credited the interests in the notes and only in respect of such portion of the aggregate principal amount at maturity of the notes as to which such Participant or Participants has or have given such direction. However, if there is an Event of Default under the notes, DTC reserves the right to exchange the notes for legended notes in certificated form, and to distribute such notes to its Participants. Exchange of Global Notes for Certificated Notes A Global Note is exchangeable for Certificated Notes if:

| (1) | DTC (a) notifies the operating partnership that it is unwilling or unable to continue as depositary for                                                                                                            
 the Global Notes or (b) has ceased to be a clearing agency registered under the Exchange Act and, in either case, the operating partnership fails to appoint a successor depositary within 90 days of such notice; |

| (2) | the operating partnership, at its option, notifies the trustee in writing that the operating partnership elects 
 to cause the issuance of the Certificated Notes; or                                                             |

| (3) | upon request from DTC if there has occurred and is continuing a default or Event of Default with respect to the 
 notes.                                                                                                          |

S-36

In addition, beneficial interests in a Global Note may be exchanged for Certificated Notes
upon prior written notice given to the trustee by or on behalf of DTC in accordance with the indenture. In all cases, Certificated Notes delivered in exchange for any Global Note or beneficial interests in Global Notes will be registered in the
names, and issued in any approved denominations, requested by or on behalf of the depositary (in accordance with its customary procedures).

Same Day Settlement and Payment

The underwriters will settle the notes in immediately available funds. In accordance with the indenture, the
operating partnership will make payments in respect of the notes represented by the Global Notes (including principal, premium, if any, and interest) by wire transfer of immediately available funds to the accounts specified by DTC or its nominee. In
accordance with the indenture, the operating partnership will make all payments of principal, interest and premium, if any, with respect to Certificated Notes by wire transfer of immediately available funds to the accounts