Single-family rental firms consolidate in a merger creating $11B Dallas-based company

A merger between two major operators of the single-family rental homes — Dallas-based Invitation Homes (NYSE: INVH) and Starwood Waypoint Homes (NYSE: SFR) — will create an $11 billion company, which is the largest of its kind in this industry.

The two publicly traded companies announced Thursday they have signed a definitive agreement to combine in a 100 percent stock-for-stock, merger-of-equals deal. The combined company will operate under the name Invitation Homes, with the New York Stock…

Source: Dallas Business Journal

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