Company: INVH
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001193125-25-179878
Chunk: 22

Company: Invitation Homes Inc.
Filing Date: 2025-08-13
Form: 424B5
Chunk 22
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 of the notes to decline, regardless of our financial condition, results of operations, business or prospects. We cannot assure you that the market price of the notes will not fall in the future, and as a result it may be difficult for investors to resell the notes at prices they find attractive, or at all. An increase in interest rates could result in a decrease in the market value of the notes. In general, as market interest rates rise, notes bearing interest at a fixed rate generally decline in value. Consequently, if you purchase these notes and market interest rates increase, the market value of your notes may decline. We are not able to predict the future level of market interest rates. A downgrade in our credit ratings could materially adversely affect our business and financial condition and the market value of the notes. The credit ratings assigned to the notes and other debt securities or other indebtedness of the operating partnership could change based upon, among other things, our results of operations and financial condition. These ratings are subject to ongoing evaluation by credit rating agencies, and we cannot assure you that any rating will not be changed or withdrawn by a rating agency in the future if, in its judgment, circumstances warrant. Moreover, these credit ratings are not recommendations to buy, sell or hold the notes or any other S-14

securities. If any of the credit rating agencies that have rated the notes or other debt securities or other indebtedness of the operating partnership downgrades or lowers its credit rating, or if any credit rating agency indicates that it has placed any such rating on a so-called“watch list” for a possible downgrading or lowering or otherwise indicates that its outlook for that rating is negative, it could have a material adverse effect on the market value of the notes and our costs and availability of capital, which could in turn have a material adverse effect on our financial condition, results of operations, cash flows and our ability to satisfy our debt service obligations (including payments on the notes) and could also have a material adverse effect on the market value of the notes. Some of the guarantees may be released automatically. Although the Company’s subsidiaries (other than the General Partner and IH Merger Sub) will not initially guarantee the notes, guarantees, if any, of the notes by the Company’s subsidiaries may be automatically released under various circumstances described under “Description of Notes—Guarantees” in this prospectus supplement. Such release may occur at any time in the following circumstances:

| • |     | such subsidiary no longer guaranteeing or otherwise being an obligor