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Blackstone funds close secondary offering of Invitation Homes common shares

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Blackstone funds close secondary offering of Invitation Homes common shares

Fund affiliates of private equity giant Blackstone Group LP closed their secondary offering of Invitation Homes Inc.'s common shares.

The offering comprised 40.0 million common shares, priced at $25.30 apiece.

The single-family real estate investment trust did not receive any proceeds from the share sale.