Invitation Homes Invests in Fifth Wall Climate Technology Fund

DALLAS – (BUSINESS WIRE) – Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation’s leading single-family home leasing company, announced today that it has invested in Fifth Wall’s Climate Technology Fund.

“We strive to create better ways of life and be a force for positive change while also driving efforts that make our business more innovative and our processes more sustainable,” said Dallas Tanner, President and CEO of Invitation Homes. “We are very excited to support the Climate Tech Fund and to be at the forefront in finding and promoting climate-friendly living solutions.”

The Climate Tech Fund invests in technologies that address decarbonization at all stages and asset classes within the global real estate ecosystem, including materials, construction, operations and revitalization. Invitation Homes joins Ivanhoé Cambridge and others who are among the first groups of investors to join the fund.

“Invitation Homes has taken a real leadership position among major real estate investment companies through its stake in Fifth Wall’s Climate Technology Fund,” said Brendan Wallace, co-founder and managing partner of Fifth Wall. “The decarbonisation of the residential sector is crucial for the future of our environment. It’s inspiring to see a residential leader like Invitation Homes advocating the science and research and development that is needed to make real estate more sustainable. ”

In addition to this investment, Invitation Homes is expanding its sustainability-related operational measures and investments, including the use of smart home technology, which helps residents save up to 15% on their energy costs; water-saving landscaping in arid areas; Low flow pipelines; electronic work orders that reduce paper waste; Route optimization and stock vehicles that reduce travel time for maintenance technicians; and a home air filter supply program that helps ensure better air quality in homes and improve HVAC efficiency. A full overview of the company’s environmental sustainability efforts can be found here.

About invitation houses

Invitation Homes is the nation’s leading single family home leasing company, meeting the changing demands of lifestyle by providing access to high quality, modernized homes with valued features such as proximity to workplaces and access to good schools. The company’s mission, “Together with you, we make a house a home,” reflects its commitment to creating a home where individuals and families can thrive and providing world-class service that continually improves the living experience for residents.

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