Invitation Homes recently formed a $300 million joint venture that is targeting homes that will rent for 30 to 60 percent higher than their previous homes.

The conversations with the interested parties took place from January to March, according to Kohl’s filings.

Gridline founder and CEO expects to use the funding to double its head count over the next year, and projects reaching $2 billion of AUM in 2025.

Impacted by global uncertainty, publicly-traded REITs' total returns have started the year slow despite strong news during fourth quarter earnings results.