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Stock impact report

Their corporate landlord kicked them out to fix their flooding home, suit says. Instead, it was sold [Los Angeles Times (CA)]

Invitation Homes Inc. (INVH) 
Last invitation homes inc. earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: invitationhomes.com/about-us
The floor and foundation were falling apart, inviting hordes of mice and fleas. The basement flooded 14 times, and there so many leaks in the attic that mushrooms sprouted through a bedroom ceiling. They made these allegations in a lawsuit against their landlord, Invitation Homes. Over the course of the decade-long tenancy, the pair said they pleaded with the company to fix the litany of problems. But after years of bare-minimum patch jobs done by what they contend were unlicensed contractors, the home was verging on uninhabitable. In 2023, Invitation Homes acknowledged the damage and urged them to move out, claiming repairs were necessary, Recker said. At the time, L.A. allowed evictions for substantial remodels. But the house was never fixed. When the couple moved out last March, the home was listed for sale the same month. “We were being betrayed left and right,” Recker said. Invitation Homes and its attorney in the lawsuit declined to comment for this article. They have Show less Read more
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