Rental giant, Invitation Homes, buys 152-townhomes for $41.4M ($272K/unit) at Glennon at Wendell development

5/29/2025

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Triangle Business Journal

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• Subcategory: MF: BTR, MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: BTR-Townhome

• Company: Invitation Homes (NYSE: INVH)

Story Highlights
Invitation Homes acquires 152 townhomes for $41.4 million in Wendell.
Glennon at Wendell development includes 228 townhomes and 312 apartments.
Invitation Homes is the largest institutional investor with 86,000 homes.

Invitation Homes (NYSE: INVH)

Peter DiLello | SVP-Investments

[email protected]

972-421-3600

North Carolina

Multifamily

Rental giant, Invitation Homes, buys 152-townhomes for $41.4M ($272K/unit) at Glennon at Wendell development

Invitation Homes (NYSE: INVH)

North Carolina

Multifamily

Rental giant, Invitation Homes, buys 152-townhomes for $41.4M ($272K/unit) at Glennon at Wendell development

Invitation Homes (NYSE: INVH)

Additional Filters

Subcategory

Tags