Invitation Homes Inc. announced that the company completed the Mergers pursuant to the terms of the Merger Agreement. On the Closing Date, SFR merged with and into Merger Sub, with Merger Sub continuing as the surviving entity, and SFR LP merged with and into INVH LP, with INVH LP continuing as the surviving entity. In connection with the Mergers, and effective as of the REIT Merger Effective Time, each of John B. Bartling Jr., Kenneth A. Caplan, Nicholas C. Gould, David A. Roth and John G. Schreiber resigned as members of the board of directors of the Company and from each of the committees of the Board on which they served.

The resignations were not due to any disagreement with the Company regarding any matter related to the company's operations, policies or practices. Messrs. Bartling, Caplan, Gould, Roth and Schreiber formerly served on the Investment and Finance Committee of the Board, Mr. Gould formerly served on the Nominating and Corporate Governance Committee of the Board, and Mr. Schreiber formerly served on the Audit Committee of the Board.

Further, in connection with the Mergers, and effective as of the REIT Merger Effective Time, John B. Bartling Jr. ceased to serve in his position as President and Chief Executive Officer of the Company, Irwin Gordon ceased to serve in his position as Executive Vice President and Chief Revenue Officer of the Company, and Bruce A. Lavine ceased to serve in his position as Executive Vice President, Operations and Chief Operations Officer of the Company. As of the REIT Merger Effective Time, and in accordance with the Merger Agreement, the Board consists of with the following 11 members Richard D. Bronson, Michael D. Fascitelli, Jeffrey E. Kelter, Barry S. Sternlicht and Frederick C. Tuomi, each a former trustee of SFR, and Bryce Blair, Jonathan D. Gray, Robert G. Harper, John B. Rhea, Janice L. Sears and William J. Stein, each a continuing director on the Board. Bryce Blair serves as Chairman of the Board, and Michael D. Fascitelli serves as Chairman of the Investment and Finance Committee of the Board.

Effective as of the REIT Merger Effective Time: Messrs. Richard D. Bronson, Jeffrey E. Kelter and John B. Rhea and Ms. Janice L. Sears serve as members of the Audit Committee of the Board, Messrs. Michael D. Fascitelli, Jeffrey E. Kelter, John B. Rhea and William J. Stein serve as members of the Compensation and Management Development Committee of the Board, Messrs.

Bryce Blair, Richard D. Bronson, Robert G. Harper and William J. Stein serve as members of the Nominating and Corporate Governance Committee of the Board, and Messrs. Michael D. Fascitelli, Robert G. Harper and Frederick C. Tuomi and Ms. Janice L. Sears serve as members of the Investment and Finance Committee of the Board. Effective as of the REIT Merger Effective Time, Frederick C. Tuomi became the President and Chief Executive Officer of the Company, Charles D. Young became the Executive Vice President, Operations and Chief Operations Officer of the Company and Arik Prawer became the Executive Vice President and Chief Integration Officer of the Company.

The remainder of the senior leadership team of the Company includes the following continuing officers: Ernest M. Freedman as Executive Vice President and Chief Financial Officer of the Company, Dallas B. Tanner as Executive Vice President and Chief Investment Officer of the Company, Mark A. Solls as Executive Vice President, Secretary and Chief Legal Officer of the Company, and Kimberly K. Norrell as Senior Vice President and Chief Accounting Officer of the Company.