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
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SOURCE Invitation Homes