Invitation Homes Completes Transformational Merger Integration
RealFoundations’ Assistance Hailed in Helping to Create World-Class Operating Model
DALLAS, May 21 2019 | The below press release was issued today by Invitation Homes via PR Newswire.
Invitation Homes Inc. (NYSE: INVH), the nation’s premier single family leasing company, and RealFoundations, one of the world's foremost providers of consulting and managed services for the real estate industry, have completed a comprehensive, year-and-a-half-long project to transform Invitation Homes’ technology and operating model following its 2017 merger with Starwood Waypoint Homes.
Invitation Homes and RealFoundations jointly transitioned the merged entity to a new version of Yardi, established a project management office to define and execute the integration work, and created a change management team to coordinate communication and training. Together, the companies’ efforts accelerated and even surpassed the achievement of synergy targets.
Now post-integration, Invitation Homes benefits from a new, unified, scalable operating platform that enables highly efficient resident management and portfolio accounting. The company is better positioned to enhance the resident experience and pursue business growth and expansion.
For more information about RealFoundations, visit our website at www.realfoundations.net or contact Naomi Souza, Director of Presence and Assets Support | (214) 292 7086 | Naomi.Souza@realfoundations.net.
About Invitation Homes
Invitation Homes is a leading owner and operator of single-family rental homes, offering residents high-quality homes across America. With over 80,000 homes for lease in 17 markets across the country, Invitation Homes is meeting changing lifestyle demands by providing residents access to updated homes with features they value, such as close proximity to jobs and access to good schools. The company's mission statement, "Together with you, we make a house a home," reflects its commitment to high-touch service that continuously enhances residents' living experiences and provides homes where individuals and families can thrive.
RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 400+ client-serving professionals and off-shore delivery capabilities in India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it is used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. To learn more about how We Make Real Estate Run Better visit www.realfoundations.net.