Invitation Homes acquires ResiBuilt for $89M to strengthen build-to-rent presence

Dallas Tanner, CEO and President of Invitation Homes
Dallas Tanner, CEO and President of Invitation Homes
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Invitation Homes has acquired Atlanta-based homebuilder ResiBuilt for $89 million, furthering its investment in the build-to-rent housing sector. The deal, which closed earlier this week, includes up to $7.5 million in incentive-based payments and covers 23 active building contracts. Additionally, Invitation Homes secured the option to purchase 1,500 lots as part of the agreement.

ResiBuilt, established in 2018, has developed over 4,200 homes across Georgia, Florida, and the Carolinas—regions that have seen significant growth and are a focus for institutional rental companies. The company’s parent organization, Resicap, will continue to operate independently.

Dallas Tanner, CEO and President of Invitation Homes, described the acquisition as a strategic step that aligns with the company’s mission. “This is a step toward addressing housing affordability by adding supply in high-demand markets,” Tanner said.

The move is intended not only to expand Invitation Homes’ development pipeline but also to give the company more control over new construction projects. Founded in 2012 and based in Dallas, Invitation Homes owns and manages more than 110,000 single-family rental homes across 16 markets nationwide. In 2024, it reported revenues of $2.6 billion and holds a market capitalization above $16.8 billion.

Bringing ResiBuilt into its operations gives Invitation Homes access to a team experienced in regional development within fast-growing Sun Belt markets.

Recently, Invitation Homes relocated its headquarters from downtown Dallas’ Comerica Bank Tower to Two Lincoln Center at 5420 LBJ Freeway in North Dallas—a move made to accommodate staff growth and support a hybrid work model.



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