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Invitation Homes secondary common-share offering closes

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Invitation Homes secondary common-share offering closes

Starwood Capital Group Global LP and fund affiliates of Blackstone Group LP closed a secondary offering of 43 million shares of Invitation Homes Inc.'s common stock.

The offering, which closed March 25, priced at $23.30 per share.

The single-family rental real estate investment trust did not receive any proceeds from the sale of its shares by the selling stockholders.