DALLAS–(BUSINESS WIRE)–Invitation Properties Inc. (NYSE: INVH) (“Invitation Properties” or the “Firm”), the nation’s premier single-family residence leasing firm, introduced as we speak that it has invested in Fifth Wall’s Local weather Know-how Fund.
“We’re dedicated to creating a greater strategy to stay and to being a pressure for optimistic change, whereas on the identical time advancing efforts that make our firm extra modern and our processes extra sustainable,” stated Invitation Properties President & CEO Dallas Tanner. “We’re very happy to assist the local weather tech fund and to be on the forefront of serving to to search out and advance climate-friendly residence options.”
The Local weather Tech Fund invests in applied sciences that deal with decarbonization throughout all phases of and asset courses throughout the international actual property ecosystem, together with supplies, development, operations, and revitalization. Invitation Properties joins Ivanhoé Cambridge and others who’re among the many first group of buyers to take part within the fund.
“Invitation Properties has taken a real management place amongst main actual property funding trusts via its participation in Fifth Wall’s Local weather Know-how Fund,” stated Brendan Wallace, Co-Founder & Managing Associate, Fifth Wall. “Decarbonizing the residential sector is crucial to the way forward for our surroundings. It’s inspiring to see a frontrunner within the residential house, like Invitation Properties, decide to the science and R&D required to make actual property extra sustainable.”
Along with this funding, Invitation Properties continues to construct its sustainability associated operational actions and investments, together with using Good Dwelling know-how that helps residents save as much as 15% on their vitality payments; water-saving landscaping in arid places; low-flow plumbing; digital work orders that scale back paper waste; route optimization and stocked automobiles that lower drive time for upkeep technicians; and an air filter residence supply program that helps present higher air high quality in houses and enhance HVAC effectivity. A full view of the Firm’s environmental sustainability efforts will be discovered here.
About Invitation Properties
Invitation Properties is the nation’s premier single-family residence leasing firm, assembly altering life-style calls for by offering entry to high-quality, up to date houses with valued options equivalent to shut proximity to jobs and entry to good faculties. The Firm’s mission, “Along with you, we make a home a house,” displays its dedication to offering houses the place people and households can thrive and high-touch service that constantly enhances residents’ dwelling experiences.