Invitation Homes prepays $50 million borrowings under JPMorgan loan

By Wendy Van Sickle

Columbus, Ohio, Oct. 9 – Invitation Homes Inc.’s wholly owned subsidiary, CSH 2016-1 Borrower, LLC, voluntarily prepaid $50 million of borrowings outstanding under its loan agreement dated June 7, 2016 with JPMorgan Chase Bank, NA as lender, according to an 8-K filing with the Securities and Exchange Commission.

This prepayment made on Oct. 9 reduces the borrower’s outstanding obligation under the loan agreement to $275,838,000.

The paydown was made with unrestricted cash on hand.

Invitation Homes is a Dallas-based property manager.

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