Company: INVH
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001193125-25-179878
Chunk: 24

Company: Invitation Homes Inc.
Filing Date: 2025-08-13
Form: 424B5
Chunk 24
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2025, the applicable margin was 0.78% and Adjusted SOFR was 4.42%. The operating partnership’s revolving credit facility matures on
September 9, 2028, which may be extended pursuant to two six-month extension options exercisable at our discretion upon advance written notice and satisfaction of certain conditions.

Pending application of the proceeds as described above, we intend to use the net proceeds from this offering to invest in short-term
interest-bearing accounts and securities as is consistent with our intention to maintain our qualification for taxation as a REIT, including, for example, government and governmental agency securities, certificates of deposit and bank deposits.

Affiliates of certain of the underwriters are lenders under the operating partnership’s revolving credit facility. Accordingly, those
affiliates will receive a portion of the net proceeds from this offering to the extent such net proceeds are used to repay outstanding indebtedness under the operating partnership’s revolving credit facility. In the event that greater than 5%
of the net proceeds from this offering (not including the underwriting discount) are paid to any individual underwriter or its affiliates, this offering will be conducted in accordance with FINRA Rule 5121. See “Underwriting (Conflicts of
Interest)—Conflicts of Interest.”

S-16

DESCRIPTION OF NOTES

The following description summarizes key terms and provisions of the notes and the indenture referred to below, does not purport to be complete and is subject to, and qualified in its entirety by reference to, the actual terms and provisions of the notes and the indenture, which are incorporated herein by reference. We urge you to read those documents in their entirety because they, and not this description nor the description in the accompanying prospectus, define your rights as a holder of notes. You may request a copy of those documents from us as described in “Where You Can Find More Information” in this prospectus supplement. The information in this section supplements and, to the extent inconsistent therewith, replaces the information in the accompanying prospectus under the caption “Description of Debt Securities.”

Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the notes or the indenture, as applicable. As used in this “Description of Notes,” references to the “operating partnership,” refer solely to Invitation Homes Operating Partnership LP and not to any of its subsidiaries and references to the “Company” refer solely to Invitation Homes Inc. and not to any of its subsidiaries, unless otherwise expressly stated or the context otherwise requires.

General