Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), announced today that Fitch Ratings (“Fitch”) revised its rating outlook for the Company to ‘Positive’ from ‘Stable’ and affirmed the Company’s ratings, including the ‘BBB’ Long-Term Issuer Default Ratings.

In its public announcement on the matter, Fitch cited its “positive outlook revision considers [the Company’s] balance sheet and capital access strength” and noted that “such access positions the Company well for opportunistic transactions and cushion in addressing upcoming maturities. This is possible with Invitation Homes’ relationships with builders, joint venture partnerships and capital recycling program that provide for a variety of funding avenues and future growth opportunities.”

About Invitation Homes

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The Company's mission, "Together with you, we make a house a home," reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.

Investor Relations Contact: Scott McLaughlin 844.456.INVH (4684) IR@InvitationHomes.com

Media Relations Contact: Kristi DesJarlais 972.421.3587 Media@InvitationHomes.com

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