Who owns Pathway Property Company

Pathway Property Company - Profile

Pathway Property Company is the property owning half of Pathway Homes, a lease to own housing venture launched in February 2022 by Invitation Homes, the British property investor Regis Group and the proptech venture firm Fifth Wall with a combined commitment of about $750 million. It buys and holds the single family houses in the programme and leases them to the households that will eventually buy them: a customer selects a home on the open market, Pathway acquires it for cash, and the customer rents it for up to five years at fixed annual increases with an option to purchase. Day to day asset management and the technology platform are supplied by a separate operating company run by Pathway Homes, while property management and renovation oversight are contracted out. The portfolio had grown to 582 homes by September 2024, concentrated in the western and southeastern United States, Florida and Texas, having launched in Atlanta and Phoenix.

The disclosed stakes

One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.

Where each figure comes from

A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.

• Invitation Homes Inc., as of 30 Jun 2026. INVH's Q2 2026 10-Q, Note 5, discloses Pathway Property Company at 100.0% ownership, 866 properties (853 at 12/31/2025), carrying value $114,689 thousand as of June 30, 2026 (reported in thousands in the filing; converted here to actual USD). Despite 100.0% ownership, INVH does NOT consolidate this entity: the 10-Q states that for each of the joint ventures in this note, 'INVH LP functions as an administrative member responsible for management and operations of the individual joint venture, subject to the joint venture partner's approval of major decisions. Accordingly, we do not have a controlling interest in any of our joint ventures, and they are accounted for using the equity method of accounting.' This implies a joint venture partner with substantive participating/protective rights exists even at 100% economic ownership; the 10-Q does not name that partner or disclose the mechanics further. Footnote (1) in the source table states it owns homes in markets within the Western United States, Southeast United States, Florida, Tennessee, and Texas (a footnote shared with the two Rockpoint JV lines below, which are separate, distinctly-percentaged entities). source