Private company
Who owns Upward America JV
One company in the researched set discloses a stake in Upward America JV, worth $32m between them. Upward America JV is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
Upward America JV - Profile
- Type
- joint venture
- Based in
- United States
- Founded
- 2021
Upward America is an American single family rental venture that owns and leases newly built detached houses and townhomes, roughly 4,400 of them concentrated in Florida, Texas and the Carolinas. It was created in March 2021 by the homebuilder Lennar with Centerbridge Partners as lead investor and Allianz Real Estate among the other institutional backers, capitalised with 1.25 billion dollars of equity and geared to buy more than 4 billion dollars of homes, chiefly from Lennar. The venture aims its houses at renters earning near the median income in each market, with a rent to own route on part of the portfolio. In April 2024 the partners restructured it: Lennar's Quarterra arm, Centerbridge and the other investors brought in Invitation Homes, which took a minority stake and became the property manager for the whole portfolio.
Source
Upward America JV files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from Invitation Homes Announces Joint Venture With Quarterra, Centerbridge, and Other Capital Partners (Invitation Homes, April 2024), Lennar Announces $4 Billion Single Family Rental Platform with Centerbridge Partners as Lead Investor (Lennar investor relations, March 2021) and Latham advises Invitation Homes in a joint venture with Quarterra, Centerbridge, and other capital partners (Latham & Watkins). The ownership figures below come from the holders' filings instead, and are sourced row by row.
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 a 7.2% ownership interest in the Upward America JV (unchanged 3,720 properties at both dates), carrying value $31,769 thousand as of June 30, 2026 (reported in thousands; converted here to actual USD). Footnote (2) states it owns homes in markets within the Southeast United States, Florida, Minnesota, Tennessee, and Texas. Equity-method, unconsolidated single-family-rental joint venture; the named outside institutional partner(s) are not disclosed in this 10-Q beyond the JV name. source
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of Upward America JV where a holder stated one, and are missing where no holder did.