DALLAS, Nov. 14, 2018 /PRNewswire/ -- Invitation Homes (NYSE: INVH) today celebrated the
selection of Cheryl King, vice president of investments, as a recipient of Connect Media's "Power Women in Real Estate 2018," which recognizes the nation's 50 most influential women
in real estate. The second annual awards honor the achievements of women who have reached respected positions of leadership
in the industry and whose inspirational stories are paving the way for others.
"The entire Invitation Homes team is thrilled to see Cheryl recognized," said Dallas Tanner,
company founder and interim president. "Cheryl's accomplishment is indicative of the great team we have at Invitation Homes and
underscores the strength of our diverse workforce."
While Invitation Homes represents a small portion of the overall housing market, the company buys and sells thousands of
houses each year. Following the 2017 merger between Invitation Homes and Starwood Waypoint Homes, the number of houses in
the company's portfolio increased by more than 30,000. As a result, there was a need to selectively refine the new
portfolio by selling homes using a variety of both traditional and innovative disposition channels. Cheryl was responsible
for developing the market-specific strategies to achieve the company's disposition goals. Her highly focused and methodical
approach contributed to her department exceeding its efficiency and profitability measures.
"As Invitation Homes navigated through the integration of a significant merger, Cheryl was a key contributor to our
disposition initiatives. Her efforts in this area continue to have a positive impact on the optimization of our portfolio so that
both the company and our residents benefit," said Peter DiLello, senior vice president of the
company's investment management group. "Cheryl's ability to identify opportunities, organize resources and execute on
strategy were key in enabling her team to surpass its goals. We are thrilled that her talents have been recognized by the
industry."
King is also known throughout Invitation Homes as one of the principal architects of the company's Resident First Look
program, which offers Invitation Homes residents the opportunity to purchase their home when the company has decided to sell
it. The program, which was launched in 2016 and has expanded to include 13 of the 17 markets Invitation Homes serves, has
been successful in enabling more than 100 Invitation Homes residents to become homeowners of the home they had been leasing.
"Cheryl has a true pioneering spirit," DiLello said. "Nowhere was that more apparent than in her development of the
Resident First Look program, which distinguished Invitation Homes within the industry and was life-changing for more than 100
individuals and families."
About Invitation Homes
Invitation Homes is a leading owner and operator of single-family homes for lease, 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.
Investor Relations Contact:
Greg Van Winkle
Phone: 844.456.INVH (4684)
Email: IR@InvitationHomes.com
Media Relations Contacts:
Kristi DesJarlais
Phone: 972.421.3587
Email: Media@InvitationHomes.com
Claire Buchan Parker
Phone: 202.257.2329
Email: Media@InvitationHomes.com
View original content to download multimedia:http://www.prnewswire.com/news-releases/invitation-homes-cheryl-king-named-to-power-women-in-real-estate-2018-300749900.html
SOURCE Invitation Homes