The Firm represents affiliates of Blackstone Real Estate Partners and Invitation Homes, L.P. in connection with a $2.075 billion revolving credit facility to capitalize the purchase of distressed single-family rental homes. Invitation Homes is a national platform to purchase distressed single family homes and then refurbish, lease and maintain them in neighborhoods across the country and is the largest owner of single-family homes in the United States.
The Simpson Thacher team includes: Chris Brown, Brian Gluck, Shane Fuhrman and Bruce Sun (Credit); Brian Stadler, Sean Crnkovich and Lindsay Thomas (M&A); Greg Ressa and Beatie Branch (Real Estate); Gregory Grogan and Jennifer Pepin (Executive Compensation and Employee Benefits); Nancy Mehlman (Tax); and Jonathan Karen, Shannon O’Sullivan and Steve Homan (Funds).
